Tuesday, August 23, 2011
Construction Headline News for August 23, 2011
Nonresidential Construction Index Slips but Stays Positive
FMI’s Nonresidential Construction Index slipped from 58.6 to a still positive 52.4 for the third quarter of 2011. The third-quarter survey closed the week before the latest stock market slide, nevertheless FMI says uncertainty in the markets is reflected in panelists’ responses. (More at ForConstructionPros.com . . . )
Rising Construction Backlog May Reflect Momentum Now Fading
Associated Builders and Contractors reports
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