The New Economy Versus the Old Economy

Exhibit 2: Nonresidential and Heavy Civil Construction Index (NRCI & HCCI) Q3 2017 to Q3 2022

Scores above 50 indicate expansion, scores below 50 indicate contraction.

45.2 48.4

Current NRCI Reading for Q3 2022

Current HCCI Reading for Q3 2022

50.0

-

Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2017 2018 2019 2020 2021 2022

NRCI

HCCI

These indexes are presented as a sampling of construction industry executives voluntarily serving as panelists for this FMI survey. Responses are based on their experience and opinions, and the analysis is based on FMI’s interpretation of the aggregated results.

Source: FMI Nonresidential Construction Index and Heavy Civil Construction Index

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