Construction Vital Statistics for November 2014.

1. Jul-14 Aug-14 Sep-14 Oct-14 Nov-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 6.20% 6.10% 5.90% 5.80% 5.80%
Overall Year Over Year 7.30% 7.20% 7.20% 7.20% 7.00%
Construction Current Month 7.50% 7.70% 7.00% 6.40% 7.50%
ConstructionYear Over Year 9.10% 9.10% 8.50% 9.00% 8.60%
Overall Current Month 7.00% 7.10% 6.90% 6.80% 6.80%
Overall Current Month 7.40% 7.40% 7.30% 7.30% 7.20%
Overall Current Month 7.70% 7.60% 7.30% 7.10% 6.90%
Permits - Total 8.10% -5.60% 1.50% 4.80% -5.20%
Permits - Total from 12 Months Earlier 7.70% 5.30% 2.50% 1.20% -0.20%
1 - Family - Change from Previous Month 0.90% -0.80% -0.50% 1.40% -1.20%
1 - Family - Change Year Over Year 3.90% -0.80% 1.10% 2.40% -0.90%
5 + Units - Change from Previous Month 23.60% -13.40% 7.00% 8.00% -11.10%
5 + Units - Change Year Over Year 15.40% 17.50% 6.30% -1.50% 0.50%
Starts - Total 15.70% -14.40% 6.30% -2.80% -1.60%
Starts - Total from 12 Months Earlier 21.70% 8.00% 17.80% 7.80% -7.00%
1 - Family - Change from Previous Month 8.30% -2.40% 1.10% 4.20% -5.40%
1 - Family - Change Year Over Year 10.10% 4.20% 11.00% 15.40% -4.60%
5 + Units - Change from Previous Month 33.00% -31.50% 18.50% -15.50% 7.60%
5 + Units - Change Year Over Year 49.50% 19.20% 30.30% -6.80% -11.90%
Permits - Total 7.20% -8.30% 5.90% -21.60% -5.60%
Permits - Total from 12 Months Earlier 0.80% -5.20% 16.90% -17.60% 6.30%
1 - Family - Change from Previous Month -7.70% -3.80% -0.80% 2.30% 6.80%
1 - Family - Change Year Over Year -1.50% -9.20% 2.40% -3.60% 4.40%
Starts - Total 18.60% -24.70% 13.90% -10.90% 28.10%
Starts - Total from 12 Months Earlier 23.40% 3.60% 25.00% -0.50% 24.10%
1 - Family - Change from Previous Month 4.20% -8.10% 2.90% 2.70% -5.20%
1 - Family - Change Year Over Year 17.50% -1.40% 14.60% -16.90% -7.60%
Current Month 0.00% 0.00% -0.20% -1.10% -1.10%
Change Year Over Year 1.40% 1.00% 1.00% 0.50% -0.60%
Current Month -2.8% - Jun '14 2.5% - Jul '14 -1.2% - Aug '14 -1.0% - Sep '14 1.0% - Oct '14
Change Year Over Year 4.60% 8.60% 6.00% 4.20% 4.30%
ABI Score 55.8 53 55.2 53.7 50.9
Commerical Building Momentum Index 128.3 124.4 121.1 130.2 133.8
I-Month LIBOR 0.15% 0.16% 0.15% 0.15% 0.1548%
WSJ Prime Rate 3.25% 3.25% 3.25% 3.25% 3.25%
5 Year US Treasury Rate 1.66% 1.69% 1.38% 1.66% 1.55%
10 Year US Treasury Rate 2.58% 2.42% 2.16% 2.63% 2.12%
4 Rates as of mid month.
AIA - Architecture Billing Index 2
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.
Construction Backlog Indicator in Months (Associated Builders & Contractors)
Construction Owner Confidence Index 1
(Associated Builders & Contractors)
National Unemployment Rate (Bureau of Labor Statistics)
Arizona Unemployment Rate (Bureau of Labor Statistics)
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)
1 Readings 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 construction
spending activity.
Dodge Momentum Index 3
Interest Rates 4
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
Nonresidential Construction Spending (U.S. Census Bureau)