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Tag: nonresidential construction index
Business
Nonresidential construction starts fall 19.5% during July as builder outlook shrinks due to increased labor, materials costs
Following an “exceptionally strong” June, the dollar value of nonresidential construction starts fell 19.5 percent during July, according to data gathered by Reed Construction Data. “A surge of project authorizations at the beginning of summer has been followed by a significant retreat,” says Reed chief economist Alex Carrick. “The latest month was a return to […]
August 20, 2014
Business
Nonresidential construction index indicates gradual improvement, notes concerns with sequester, labor shortage
The FMI Nonresidential Construction Index has reached the highest mark since its inception in the first quarter of 2009. Released this week, the second quarter 2013 edition of the NRCI reached 60.1. FMI, a management consultant and investment banking provider, surveys a group of panelists each quarter to measure the health of the nonresidential construction […]
May 30, 2013
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