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Tag: Wright Express Construction Fuel Consumption Index
Maintenance
Construction fuel index sees continued drop
Here’s an index that offers a spot-on snapshot on how contractors are doing: It measures how much fuel the construction industry is using. Wright Express says its captures and analyzes fuel transaction data from its closed loop network of more than 180,000 fuel and vehicle maintenance locations. With data partner IHS, Wright then uses the […]
October 2, 2012
Maintenance
Index: Contractors used less fuel in April
The Wright Express Construction Fuel Consumption Index has an intriguing premise: by tracking how much fuel contractors are using at 180,000 fuel and vehicle maintenance locations, it says it can identify emerging trends in construction and the economy at large.  Although contractors used 2.8 percent less fuel than in March this year, March had […]
May 25, 2012
Business
Construction fuel index goes down in February
Wright Express Corporation, in collaboration with IHS, today released results of its Wright Express Construction Fuel Consumption Index (FCI), which indicated a decrease of 0.6% in February versus its level the previous year. The Wright Express Construction FCI measures national fuel consumption statistics for the construction industry, providing an indication of construction activity in the […]
March 27, 2012
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