Nonresidential Construction Index Rises Slightly

Words: Sarah AvalloneNonresidential Construction Index Rises Slightly

FMI, a provider of management consulting and investment banking to the engineering and construction industry, has released its Fourth Quarter Nonresidential Construction Index report. The NRCI of 55.5 is less than one point up from last quarter. 

 
Panelists are slightly more positive about the national and local economies. However, views about the economic strength of their own businesses continue to fall. Reasons cited include a reduction in backlogs, the continued rise of material costs and lower productivity. This quarter, the panelists discuss:
  • Delays and cancellations
  • Changes in project size
  • Energy related construction activity
  • Market opportunities
  • Experiences with the Office of Federal Contract Compliance

To download a copy of the full report, click here. For reprint permission or to schedule an interview with the author, please contact Sarah Vizard Avallone at 919.785.9221 or savallone@fminet.com.

 0
The Cornerstone of Success: Safety and Documentation in Masonry
April 2025

The masonry industry plays a vital role in constructing our homes, businesses, and infrastructure. Yet, beneath the enduring beauty of brick and stone lies a complex and often hazardous work environment. Ensuring the safety of workers and maintaining docu

Erin Laird
Featured MAP Partner
Safety Training
Read More
How It's Made: Natural Stone Veneer
April 2025

Natural stone veneer is a durable, versatile, and aesthetically pleasing building material that has been used for centuries. It adds timeless beauty to masonry projects while offering structural integrity and resilience. But how does natural stone veneer

Rob McKay
Featured MAP Partner
Read More
Vibing Masonry #5 - The Evolution of Concrete Masonry Units: From Ancient Foundations to Modern Innovations
April 2025

Early Development: The Genesis of Concrete Blocks (early Rome to 1900s) The history of concrete masonry units (CMUs) or concrete blocks begins with humanity’s earliest binding materials, notably the Romans’ remarkable concrete. Around AD 125, structures l

Steve Blye
Featured
General Education Residential Restoration
Read More
MASONRY STRONG Podcast, Episode 18 Recap: Jeff Tew, Westlake Royal Stone Solutions
April 2025

On this episode of the MASONRY STRONG Podcast, Jeff Tew joins the show, along with MCAA President Jeff Buczkiewicz, to talk about where his passion for this industry started and what it's been like working on the Supplier side of the industry. An Excitin

Justin Stengel
Featured
Training
Read More