Introduction to IEEE STANDARDS and its different types.pptx
National Construction Vital Statistics
1. Construction Vital Statistics
Page 1 of 2
June 2014 July 2014 Aug. 2014 Sept. 2014 Oct. 2014
Construction Backlog Indicator (Months)
Current Backlog 8.5 2nd Qtr. 8.8 3rd Qtr.
Backlog from a year ago 8.2 8.2
(Associated Builders & Contractors)
1 Construction Owner Confidence Index
Sales Expectations 68.2 1st half '14
Profit Margin Expectations 60.0
StaffingLevel Intentions 65.0
(Associated Builders & Contractors)
National Unemployment Rate
Overall current month 6.1% 6.2% 6.1% 5.9% 5.8%
Overall year over year 7.5% 7.3% 7.2% 7.2% 7.2%
Construction current month 8.2% 7.5% 7.7% 7.0% 6.4%
Construction year over year 9.8% 9.1% 9.1% 8.5% 9.0%
(Bureau of Labor Statistics - BLS)
Housing Permits and Starts
National
Permits - Total -4.2% 8.1% -5.6% 1.5% 4.8%
Permits - Total from twelve months earlier 2.7% 7.7% 5.3% 2.5% 1.2%
1 - Family - change from previous month 2.6% 0.9% -0.8% -0.5% 1.4%
1 - Family - change year over year 0.6% 3.9% -0.8% 1.1% 2.4%
5 + Units - change from previous month -17.1% 23.6% -13.4% 7.0% 8.0%
5 + Units - change year over year 6.7% 15.4% 17.5% 6.3% -1.5%
Starts - Total -9.3% 15.7% -14.4% 6.3% -2.8%
Starts - Total from twelve months earlier 7.5% 21.7% 8.0% 17.8% 7.8%
1 - Family - change from previous month -9.0% 8.3% -2.4% 1.1% 4.2%
1 - Family - changeyear over year -4.3% 10.1% 4.2% 11.0% 15.4%
5 + Units - change from previous month -11.3% 33.0% -31.5% 18.5% -15.5%
5 + Units - change year over year 39.3% 49.5% 19.2% 30.3% -6.8%
(U.S Census Bureau & Dept. of Housing and Urban Dev)
Nonresidential Construction Material Prices
Current Month 0.1% 0.0% 0.0% -0.2% -1.1%
Change year over year 1.4% 1.4% 1.0% 1.0% 0.5%
(Producer Price Index - PPI)
Nonresidential Construction Spending
Current Month 1.1% May-14 -2.8% Jun-14 2.5% Jul-14 -1.2% Aug-14 -1.0% Sep-14
Change year over year 6.4% 4.6% 8.6% 6.0% 4.2%
(U.S. Census Bureau)
2. Construction Vital Statistics (cont.)
Page 2 of 2
June 2014 July 2014 Aug. 2014 Sept. 2014 Oct. 2014
2 AIA - Architecture Billing Index 53.5 55.8 53.0 55.2 53.7
3 Dodge Momentum Index - Commercial Building 142.0 128.3 122.1 121.1 130.2
4 Interest Rates
I-Month LIBOR 0.1524% 0.1544% 0.1560% 0.1541% 0.1535%
WSJ Prime Rate 3.25% 3.25% 3.25% 3.25% 3.25%
5 Year US Treasury Rate 1.60% 1.66% 1.69% 1.38% 1.66%
10 Year US Treasury Rate 2.54% 2.58% 2.42% 2.16% 2.63%
1 Reading above 50 indicate growth, while readings below 50 are unfavorable
2 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.
3 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.
4 Rates as of mid month.