Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Construction Vital Statistics - October 2015

868 views

Published on

The latest in construction industry unemployment, permits, starts, prices, spending, interest rates and more.

Published in: Engineering
  • Be the first to comment

Construction Vital Statistics - October 2015

  1. 1. 0 5 10 Construction Vital Statistics October 2015 at a Glance Unemployment Rate (Bureau of Labor Statistics) 6.4%5.0% Overall Current Month Year-over-Year Construction 5.7% 6.2% Housing Permits & Starts (U.S. Census Bureau & Dept. of Housing and Urban Dev.) TOTAL PERMITS Current Month: 4.1% vs. 1 yr. Earlier: 2.7% TOTAL STARTS Current Month: -11.0% vs. 1 yr. Earlier: -1.8% Nonresidential Construction Material Prices (Producer Price Index) By the Numbers: Current Month: -0.3% Nonresidential Construction Spending (U.S. Census Bureau) Construction Backlog Indicator (Associated Builders & Contractors/2nd Quarter 2015) 8.5 vs. 1 yr. Earlier: 8.5 Construction Owner Confidence Index (Associated Builders & Contractors/1st Half of 2015) Readings above 50 indicate growth SALES EXPECTATIONS rose from 67.3 to 69.4 PROFIT MARGIN EXPECTATIONS expanded from 61.0 to 62.9 STAFFING LEVEL INTENTIONS dipped slightly from 66.3 to 66.2 Year-over-year change: -5.1% September 2015: -0.1% Year-over-year change: 12.4% vs. vs.
  2. 2. Reading above 50 indicate growth, while readings below 50 are unfavorable. Any Architecture Billing Index Score above 50 signifies growth - it is a leading economic indicator that provides an approximately nine to 12 month glimpse into the future of nonresidential construction spending activity. It is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year. Since reaching bottom in July 2011 at a level of 77.1 (2000=100), the index has been trending up. Rates as of mid month. 1 2 3 4 www.cbiz.com/construction1-800-ASK-CBIZ | October 2015 at a Glance Construction Backlog Indicator (Months) Current Backlog Backlog from a year ago (Associated Builders & Contractors) Construction Owner Confidence Index Sales Expectations Profit Margin Expectations Staffing Level Intentions (Associated Builders & Contractors) National Unemployment Rate Overall current month Overall year over year Construction current month Construction year over year (Bureau of Labor Statistics - BLS) Housing Permits and Starts National Permits - Total Permits - Total from twelve months earlier 1 - Family - change from previous month 1 - Family - change year over year 5 + Units - change from previous month 5 + Units - change year over year Starts - Total Starts - Total from twelve months earlier 1 - Family - change from previous month 1 - Family - change year over year 5 + Units - change from previous month 5 + Units - change year over year (U.S. Census Bureau & Dept. of Housing and Urban Dev.) Nonresidential Construction Material Prices Current Month Change year over year (Producer Price Index - PPI) Nonresidential Construction Spending Previous Month Change year over year (U.S. Census Bureau) AIA - Architecture Billing Index Dodge Momentum Index - Commercial Building Interest Rates I-Month LIBOR WSJ Prime Rate 5 Year US Treasury Rate 10 Year US Treasury Rate Jun. ‘15 5.3% 6.1% 6.3% 8.2% 7.4% 30.0% 0.9% 6.0% 16.1% 79.0% 9.8% 26.6% -0.9% 14.7% 28.6% 55.0% 0.3% -3.6% 1.1% 8.1% 55.7 126.1 0.1859% 3.25% 1.63% 2.36% Jul. ‘15 5.3% 6.2% 5.5% 7.5% -16.3% 7.5% -1.9% 6.1% -32.6% 11.1% 0.2% 10.1% 12.8% 19.0% -17.1% -2.1% -0.3% -3.9% 0.0% 11.5% 54.7 132.1 0.1882% 3.25% 1.58% 2.16% Aug. ‘15 8.5 8.5 5.1% 6.1% 6.1% 7.7% 3.5% 12.5% 2.8% 8.7% 4.3% 21.5% -3.0% 16.6% -3.0% 14.9% -2.3% 24.5% -0.8% -4.7% 0.5% 12.7% 49.1 142.0 0.1968% 3.25% 1.61% 2.28% Sep. ‘15 69.4 62.9 66.2 5.1% 5.9% 5.5% 7.0% -5.0% 4.7% -0.3% 6.7% -14.6% -1.3% 6.5% 17.5% 0.3% 12.0% 17.0% 28.6% -1.6% -6.0% 0.3% 12.3% 53.7 140.0 0.2011% 3.25% 1.34% 2.04% Oct. ‘15 5.0% 5.7% 6.2% 6.4% 4.1% 2.7% 2.4% 9.0% 8.3% -7.1% -11.0% -1.8% -2.4% 2.4% -25.5% -8.4% -0.3% -5.1% -0.1% 12.4% 53.1 133.0 0.1945% 3.25% 1.66% 2.27% 1 2 3 4 2nd Qtr. ‘15 May ‘15 8.4 8.1 67.3 61.0 66.3 5.5% 6.3% 6.7% 8.6% 11.8% 25.4% 2.6% 9.1% 26.0% 53.9% -11.1% 5.1% -5.4% 6.8% -18.5% 2.6% 1.2% -3.9% 3.2% 8.8% 51.9 130.3 0.1842% 3.25% 1.71% 2.36% 2nd 1/2 ‘14 1st Qtr. ‘15 1st 1/2 ‘15

×