Sept. 13, 2013: Nonresidential Construction Index Shows Slight Improvement
Although the Numbers Aren’t Significantly Rising, the Continuing Upward Movement Is Encouraging
RALEIGH, N.C. — FMI, a provider of management consulting and investment banking to the engineering and construction industry, has announced the release of its 2013 Third Quarter Nonresidential Construction Index (NRCI) report. The NRCI score of 60.3 is a .2-point improvement over the second quarter.
FMI noted that, although the numbers aren’t significantly rising, the continuing upward movement is encouraging. This score remains the highest score for the NRCI index since the first quarter of 2009. The index for the overall economy rose to 72 points and the combined index sentiment for economies where panelists are doing business rose 3.2 points.