Industry Indices
FMI Indices: Second Quarter 2025
In a diffusion index where scores are above 50 the reading represents improving or expanding industry conditions. Scores below 50 represent worse conditions from the prior month or quarter (industry contraction). A score of 50 represents industry conditions remaining the same.
Nonresidential Construction Index (NRCI)
The NRCI dropped sharply in the second quarter of 2025 to 43.5 from 56.9 — a 24% decline quarter over quarter.
2025 North American Engineering and Construction Outlook: Second Quarter
Civil Infrastructure Construction Index (CICI)
The CICI declined in the second quarter of 2025 to 52.2 from 57.7, reflecting a dip in optimism.
Civil Infrastructure Construction Index full report coming soon.