FMI: Nonresidential Construction Up in 4th Quarter

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FMI Nonresidential Construction Up in 4th QuarterFMI’s nonresidential construction index was up slightly in the fourth quarter. The index scored 55.5 or less than one point higher from last quarter. Contractors are more positive about the national and local economies, although views about the economic strength of their own businesses continue to fall due to reduced backlogs, rising material costs and lower productivity. For the full report, CLICK HERE.