NRCI Hits Record High
Nonresidential Construction Index Hits Record High
NRCI = 60.1
RALEIGH, N.C. (May 24, 2013) – FMI, the largest provider of management consulting and investment banking to the engineering and construction industry, announces the release of The 2013 Second Quarter Nonresidential Construction Index report. The NRCI score of 60.1 is a 2-point improvement over Q1 and the highest score for the NRCI index since its inception in Q1 2009.
FMI Q1-2013 Outlook
FMI Releases Q1-2013 Construction Outlook Report
Annual Put-In-Place Construction Should Top $900 billion
RALEIGH, N.C. (April 11, 2013) – FMI, the largest provider of management consulting and investment banking to the engineering and construction industry released today its Q1-2013 Construction Outlook. Although the strength of individual markets is shifting, the forecast for total construction-put-in-place for 2013 continues to show an increase of 8% over 2012 levels. The $918,897 million estimate is a solid improvement, but FMI does not expect to return to the days of annual construction above the trillion-dollar mark until 2015.
The star of the show is residential buildings with a 23% rise in single-family buildings. While much of business sector is still in wait-and-see mode, some industries are breaking the mold and planning for growth. Commercial, lodging and office construction are starting to pick up.
Put-in-Place_04052013
Annual Put-In-Place Construction Should Top $900 billion According to FMI
FMI, the largest provider of management consulting and investment banking to the engineering and construction industry released today its Q1-2013 Construction Outlook. Although the strength of individual markets is shifting, the forecast for total construction-put-in-place for 2013 continues to show an increase of 8% over 2012 levels. The $918,897 million estimate is a solid improvement, but FMI does not expect to return to the days of annual construction above the trillion-dollar mark until 2015.
The star of the show is residential buildings with a 23% rise in single-family buildings. While much of business sector is still in wait-and-see mode, some industries are breaking the mold and planning for growth. Commercial, lodging and office construction are starting to pick up.
Avo Construction
Big Reputation
Avo Construction Brings A Luxurious Touch To New York City Projects
Focused on ground-up development and high-end interior renovations, Avo Construction is a Tribeca-based full-service general contracting and construction management firm with more than 100 years of cumulative experience.
“We began as developers which means we are, by nature, a very cost-conscious, design-driven company. We’re very meticulous,” says Rocco Basile, Construction Manager for Avo. “I believe those commitments distinguish us from other general contractors.”
Top 10 States for LEED
USGBC Releases 2012 List of Top 10 States for LEED
(Washington, D.C.) Jan. 23, 2013 — Today, the U.S. Green Building Council (USGBC) released its annual list of the top 10 states for new LEED certifications in 2012, highlighting those regions that are transforming buildings and communities across the country.
The per-capita list is based on 2010 U.S. Census data and includes commercial and institutional buildings certified under LEED, through which approximately 2.2 billion square feet of space has been certified worldwide through 2012.
“Securing a spot on this list is a remarkable achievement for everyone involved in the green building movement in these states,” said Rick Fedrizzi, President, CEO and Founding Chair, USGBC. “From architects and designers to local chapter advocates, their collective efforts have brought sustainable building design and use to the forefront of the national discussion on the environment, and I applaud their efforts to create a healthier present and future for the people of their states.”
FMI_NRI_02122013
Nonresidential Construction Index Continues to Rise
NRCI = 58.1
RALEIGH, N.C. (February 12, 2013) – FMI (www.fminet.com), the largest provider of management consulting and investment banking to the engineering and construction industry, announces the release of The 2013 First Quarter Nonresidential Construction Index report. The NRCI of 58.1 is a 2.6-point improvement over the fourth quarter of 2012.
The improvement reflect fundamental bright spots in the economy. “Optimistic but not bullish” is the way one panelist described his outlook on hiring for his company in 2013. Reflective of this is that 45 percent of NRCI panelists expect to increase full-time direct employees by as much as 5 percent. Most noting that hiring will be based on current staff reaching a level of consistently over full work capacity. Only 9 percent report that they expect to decrease the number of full-time direct employees.
