This document contains economic indicators for the construction industry from June to October 2014. It includes metrics such as construction backlog, sales and profit expectations, staffing levels, housing permits and starts, unemployment rates, interest rates, and construction confidence and momentum indexes. Many of the metrics show year-over-year growth from June to October 2014, with some monthly fluctuations, suggesting an overall improving construction industry during this period.

1. Jun-14 Jul-14 Aug-14 Sep-14 Oct-14
Current Backlog 8.5 - 2Q 8.8 - 3Q
Backlog from a Year Ago 8.2 8.2
Sales Expectations 68.2 - 1st Half of '14
Profit Margin Expectations 60.3
Staffing Level Intentions 65.0
Overall Current Month 6.10% 6.20% 6.10% 5.90% 5.80%
Overall Year Over Year 7.50% 7.30% 7.20% 7.20% 7.20%
Construction Current Month 8.20% 7.50% 7.70% 7.00% 6.40%
ConstructionYear Over Year 9.80% 9.10% 9.10% 8.50% 9.00%
Overall Current Month 6.90% 7.00% 7.10% 6.90% 6.80%
Overall Current Month 7.40% 7.40% 7.40% 7.30% 7.30%
Overall Current Month 7.70% 7.70% 7.60% 7.30% 7.10%
Permits - Total -4.20% 8.10% -5.60% 1.50% 4.80%
Permits - Total from 12 Months Earlier 2.70% 7.70% 5.30% 2.50% 1.20%
1 - Family - Change from Previous Month 2.60% 0.90% -0.80% -0.50% 1.40%
1 - Family - Change Year Over Year 0.60% 3.90% -0.80% 1.10% 2.40%
5 + Units - Change from Previous Month -17.10% 23.60% -13.40% 7.00% 8.00%
5 + Units - Change Year Over Year 6.70% 15.40% 17.50% 6.30% -1.50%
Starts - Total -9.30% 15.70% -14.40% 6.30% -2.80%
Starts - Total from 12 Months Earlier 7.50% 21.70% 8.00% 17.80% 7.80%
1 - Family - Change from Previous Month -9.00% 8.30% -2.40% 1.10% 4.20%
1 - Family - Change Year Over Year -4.30% 10.10% 4.20% 11.00% 15.40%
5 + Units - Change from Previous Month -11.30% 33.00% -31.50% 18.50% -15.50%
5 + Units - Change Year Over Year 39.30% 49.50% 19.20% 30.30% -6.80%
Permits - Total -1.80% 7.20% -8.30% 5.90% -21.60%
Permits - Total from 12 Months Earlier 2.80% 0.80% -5.20% 16.90% -17.60%
1 - Family - Change from Previous Month 5.20% -7.70% -3.80% -0.80% 2.30%
1 - Family - Change Year Over Year 0.70% -1.50% -9.20% 2.40% -3.60%
Starts - Total 2.60% 18.60% -24.70% 13.90% -10.90%
Starts - Total from 12 Months Earlier -4.90% 23.40% 3.60% 25.00% -0.50%
1 - Family - Change from Previous Month 3.20% 4.20% -8.10% 2.90% 2.70%
1 - Family - Change Year Over Year -5.10% 17.50% -1.40% 14.60% -16.90%
Current Month 0.10% 0.00% 0.00% -0.20% -1.10%
Change Year Over Year 1.40% 1.40% 1.00% 1.00% 0.50%
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 6.40% 4.60% 8.60% 6.00% 4.20%
ABI Score 53.5 55.8 53 55.2 53.7
Commerical Building Momentum Index 142 128.3 124.4 121.1 130.2
I-Month LIBOR 0.15% 0.15% 0.16% 0.15% 0.15%
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%
Nonresidential Construction Spending (U.S. Census Bureau)
Interest Rates 4
AIA - Architecture Billing Index 2
Dodge Momentum Index 3
West Housing Permits and Starts (U.S. Census Bureau & Department of Housing and Urban Development)
Nonresidential Construction Material Prices (U.S. Census Bureau) Producer Price Index - PPI
Arizona Unemployment Rate (Bureau of Labor Statistics)
National Unemployment Rate (Bureau of Labor Statistics)
Construction Owner Confidence Index 1
(Associated Builders & Contractors)
Construction Backlog Indicator in Months (Associated Builders & Contractors)
California Unemployment Rate (Bureau of Labor Statistics)
Nevada Unemployment Rate (Bureau of Labor Statistics)
National Housing Permits and Starts (U.S. Census Bureau & Department of Housing and Urban Development)
4 Rates as of mid month.
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
bottom in July 2011 at a level of 77.1 (2000=100), the index has been trending up.
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 9 to 12 months glimpse into the future of nonresidential
activity.

2. year. Since reaching
construction spending