Dive summary:
- A report that tracks the consumption of fuel in the construction industry says the data from August indicate that there is still only a fitful economic recovery.
- Fuel used was 2.2% less than in August 2011, the Wright Express Construction Fuel Consumption Index (FCI) showed. July had been flat, and months before that had shown some growth.
- The information comes from analyzing data from 180,000 fuel and vehicle maintenance locations that serve the construction industry.
From the release:
Wright Express Corporation, a leading global provider of value-based business payment processing and information management solutions, in collaboration with IHS, the leading global source of information and analytics, today released results of its Wright Express Construction Fuel Consumption Index (FCI), which indicated a decrease of 2.2% in August versus its level the previous year. ...