Construction index: Nonresidential work unhampered by labor pinch, rising costs

The nonresidential construction sector continues to grow at a solid pace, reflecting 18 months of improving activity despite rising construction materials and labor costs, along with a slight decline in regional economies where most activity is taking place, according to the Nonresidential Construction Index Report (NRCI) for Q2 2015 from Raleigh, N.C., management consultant FMI.