Construction Vital Statistics - December 2015CBIZ, Inc.
The latest construction industry vital statistics for December 2015. Learn about all of the Construction trends from Unemployment to Starts and Permits.
Construction Vital Statistics - February 2015CBIZ, Inc.
Get all of the construction industry statistics in one convenient, easy to digest document with the Construction Vital Statistics for February 2015 from CBIZ MHM, LLC. Track unemployment rates, permits, starts, material pricing, spending, interest rates, backlog and owner confidence.
Construction Vital Statistics - Year End 2015CBIZ, Inc.
The 2015 Year End Construction Vital Statistics are here. Learn about all of the Construction trends from Unemployment to Starts and Permits during 2015.
Construction Vital Statistics - November 2015CBIZ, Inc.
The latest construction industry vital statistics for November 2015. Learn about all of the Construction trends from Unemployment to Starts and Permits.
Construction Vital Statistics - June 2016CBIZ, Inc.
The Construction unemployment rate continues to drop significantly and the Dodge Momentum Index jumped in June. The Dodge Index is a 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.
On July 31, 2015, the Financial Accounting Standards Board (FASB) issued FASB Accounting Standards Update (ASU) 2015-12, which is designed to simplify several aspects of employee benefit plan financial reporting, including (1) fully benefit-responsive investment contracts, (2) certain plan investment disclosures, and (3) provide a measurement date practical expedient. ASU 2015-12 is effective for fiscal years beginning after December 31, 2015, however, early adoption is permitted, thus, employee benefit plans may elect to adopt any, or all, of the provisions in the ASU for plan financial statements that have not yet been issued.
Construction Vital Statistics - December 2015CBIZ, Inc.
The latest construction industry vital statistics for December 2015. Learn about all of the Construction trends from Unemployment to Starts and Permits.
Construction Vital Statistics - February 2015CBIZ, Inc.
Get all of the construction industry statistics in one convenient, easy to digest document with the Construction Vital Statistics for February 2015 from CBIZ MHM, LLC. Track unemployment rates, permits, starts, material pricing, spending, interest rates, backlog and owner confidence.
Construction Vital Statistics - Year End 2015CBIZ, Inc.
The 2015 Year End Construction Vital Statistics are here. Learn about all of the Construction trends from Unemployment to Starts and Permits during 2015.
Construction Vital Statistics - November 2015CBIZ, Inc.
The latest construction industry vital statistics for November 2015. Learn about all of the Construction trends from Unemployment to Starts and Permits.
Construction Vital Statistics - June 2016CBIZ, Inc.
The Construction unemployment rate continues to drop significantly and the Dodge Momentum Index jumped in June. The Dodge Index is a 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.
On July 31, 2015, the Financial Accounting Standards Board (FASB) issued FASB Accounting Standards Update (ASU) 2015-12, which is designed to simplify several aspects of employee benefit plan financial reporting, including (1) fully benefit-responsive investment contracts, (2) certain plan investment disclosures, and (3) provide a measurement date practical expedient. ASU 2015-12 is effective for fiscal years beginning after December 31, 2015, however, early adoption is permitted, thus, employee benefit plans may elect to adopt any, or all, of the provisions in the ASU for plan financial statements that have not yet been issued.
The Financial Accounting Standards Board’s (FASB) Emerging Issues Task Force (EITF) recently met to discuss its open issues. During the March meeting, the task force reached final consensus on two EITF issues, and arrived at consensus-for-exposure drafts on three additional issues.
Overview of Employee Benefit Plan Audits CBIZ, Inc.
An overview of EBP Audits. For companies with more than 100 participants in an employee benefit plan, having an EBP audit performed can be mandatory. But not just any Certified Public Accountant (CPA) can perform a quality EBP audit.
Many simply provide it as an ancillary service, particularly as a courtesy to their corporate clients. It takes focus, dedication and experience to do the job right...and that’s exactly the way we do business at Mayer Hoffman McCann P.C. (MHM).
For more information, visit http://www.mhm-pc.com
As part of its efforts to simplify financial statement reporting, the Financial Accounting Standards Board (FASB) recently streamlined its treatment of extraordinary items. Entities will no longer have to separately classify, present and disclose extraordinary events or transactions.
Under current practice in Subtopic 225-20, Income Statement — Extraordinary and Unusual Items, transactions or events are classified as extraordinary if:
It has a “high degree of abnormality” and does not substantially relate to the entity’s usual activities.
Its occurrence is infrequent and “cannot reasonably be expected to recur in the foreseeable future.”
UNDERSTANDING SERVICE ORGANIZATION CONTROL REPORTS CBIZ, Inc.
This brochure defines “Service Organization Control Reports” and explains the benefits of receiving an SOC report.
Mayer Hoffman McCann P.C. is a national, independent CPA firm that has grown and fluorished to become a national alternative to the Big Four. While we have resources across the country in more than 35 offices, we maintain that our clients deserve peronalized, premier caliber service. Guided by our core values of competence, integrity, respect and value, our professionals and our firm, operate as your trusted advisor.
At MHM we are steadfast in our commitment to you and the public to deliver sound financial reporting and reliable assurance services. You have our commitment to responsive service and compliance with the profession’s highest technical and ethical standards.
For more information, visit http://www.mhm-pc.com
The third quarter of 2014 broughtcontinued changes in U.S. generally accepted accounting principles (GAAP) resulting from several ongoing projects at the Finanical Accounting Standards Board (FASB). The FASB has issued fifteen accounting standards updates (ASU) in 2014, an amount greater than the total ASU’s issued in all of 2013. This MHM Messenger provides a brief recap of certain third quarter activities.
While we continue to await final standards for financial instruments and leasing as well as clarifications to revenue recognition, the third quarter marked another period of relatively narrow changes from the Financial Accounting Standards Board (FASB). The majority of the sixteen Accounting Standards Updates (ASUs) that have been finalized during 2015 relate to narrow scope projects identified by the FASB. ASUs issued in the third quarter include narrow scope changes to inventory, derivative instruments, business combinations and more widely applicable changes to benefit plan presentations and disclosures.
The deferral of the effective date for the implementation of Accounting Standards Codification (ASC) Topic 606 was also finalized. Activity at the Public Company Accounting Oversight Board (PCAOB) consisted of approval of the reorganization of PCAOB Auditing Standards and certain requests for comment and discussion papers.
The following provides a brief overview of these accounting developments during the third quarter. A more detailed discussion of these standards and other proposals is available from our archived webinar series.
Liquidity reporting numbered among the key reasons the Financial Accounting Standard Board (FASB) amended financial statement reporting for not-for-profit organizations in August 2016. The FASB designed Accounting Standards Update (ASU) 2016-14, Not-for-Profit Entities (Topic 958), Presentation of Financial Statements of Not-for-Profit Entities to enhance transparency in the reporting of assets not-for-profit organizations can use to cover short-term needs. The changes made will affect reporting on liquidity and could have ramifications for not-for-profit organizations and the users of their financial statements.
We remain in a relatively quiet time for changes in accounting and reporting standards affecting not-for-profit organizations, notwithstanding larger proposals affecting the intermediate and longer term.
All entities will have to reevaluate their revenue recognition processes when the Financial Accounting Standard Board (FASB)’s Accounting Standard Update (ASU) 2014-09, Revenue from Contracts with Customers (Topic 606) is adopted, beginning with those early adopting in 2017.
On October 30, 2015, the Securities and Exchange Commission (SEC) issued the final rules related to crowdfunding for select companies. The rules fulfill Title III of the Jumpstart Our Business Startups (JOBS) Act, which was signed into law in 2012.
The final phase of the Office of Management and Budget’s Uniform Grant Guidance is nearly here, which means nonfederal agencies should be gearing up for the changes coming to their Single Audits.
Get all of the construction industry statistics in one convenient, easy to digest document with the Construction Vital Statistics for February 2015 from CBIZ MHM, LLC. Track unemployment rates, permits, starts, material pricing, spending, interest rates, backlog and owner confidence.
Get all of the construction industry statistics in one convenient, easy to digest document with the Construction Vital Statistics for January 2015 from CBIZ MHM, LLC. Track unemployment rates, permits, starts, material pricing, spending, interest rates, backlog and owner confidence.
Construction Vital Statistics - December 2016CBIZ, Inc.
The backlog indicator is slightly higher, and the sales and profit margins expectations are slightly lowered compared to the same period in the previous year, but unemployment levels and total starts show signs of improvement.
BIZGrowth Strategies — Cybersecurity Special Edition 2023CBIZ, Inc.
As cybercriminals continue to advance and evolve, a stagnant cyber risk management approach is simply not an option. Further, the prevalence of cyber breaches means cybersecurity is not solely an IT concern. It takes a robust set of processes and people from across your organization, working together toward a common goal. We offer fresh insights to help protect your organization from cyberthreats in multiple operational areas. Articles include:
- How Cybercriminals Are Weaponizing Artificial Intelligence
- Employee Benefits Cyber Risk Exposure Scorecard
- Closing the Security Gap: Managing Vendor Cyber Risk
- Retirement Plan Sponsor Cybersecurity Checklist
- Protect Your Digital Frontline With Employee Training
BIZGrowth Strategies - Back to Basics Special EditionCBIZ, Inc.
Amid the increasing complexity of today’s business landscape, it can be of great benefit to shut out the noise and simply get back to the basics. Summer offers the rare opportunity for organizations to slow down and sweat the small stuff.
In this issue, our experts address seven key topics intended to help leaders guide their teams to stability and refocus on the foundational elements of success, including:
- Talent Management 101: How to Attract & Retain Great Employees
- Exploring the What, Why & How Behind the Employee Experience
- The Shifting Normal: 3 Ways Leaders Can Embrace Change & Conquer Challenge
- What is Financial Wellbeing & Why Should Employers Care?
- D&O Insurance Application Basics to Protect Your Leaders
- Your Life Insurance Policy May Be One of Your Biggest Assets
- Understanding Labor Law Poster Compliance
Welcome to our newly branded newsletter, "The Advantage." The articles in this issue provide insights to help you:
■ Have conversations around tough decisions during periods of economic uncertainty
■ Evaluate fast-growing artificial intelligence tools like ChatGPT
■ Recognize colleagues who are key allies in supporting women in the workplace
■ Navigate career shifts along the path to successful leadership
■ Manage workplace culture in a hybrid model
■ Garner inspiration from the 2023 Women Transforming Business finalists and winners
BIZGrowth Strategies - Workforce & Talent Optimization Special EditionCBIZ, Inc.
Amid today’s economic uncertainty, we know you need strategies and solutions that will help your business thrive. With workforce and talent concerns running high for employers across the nation, our experts developed these articles with those critical issues top of mind. We offer fresh insights designed to attract, retain, engage and motivate your employees — all while protecting your bottom line and managing emerging risks. Articles include:
- Unlock Success with Effective Performance Management
- How Employers Can Benefit from Financial Wellbeing Programs
- How to Talk About Hard Decisions During a Recession
- Cost-Effective Health Plan Perks to Consider in 2023
- 3 HR Strategies to Recession-Proof Your Organization
- Responding to Employment Practices Liability (EPL) Claims
- Versatility — Important in Life & Life Insurance
BIZGrowth Newsletter - Economic Slowdown Solutions Special EditionCBIZ, Inc.
The "Economic Slowdown Solutions Special Edition" newsletter includes articles that present tips, strategies and ideas to help your organization master economic uncertainty and recessionary concerns. Topics include:
- Considerations for a Reduction in Force
- Tips to Prepare for Risk Management Challenges
- Tactics to Recession-Proof Your Benefits Strategy
- HR Best Practices
- Recruitment Strategies to Keep You Competitive
- 3 Innovations to Stay Nimble
- Disability Insurance for Business Owners
BIZGrowth Strategies - Cybersecurity Special EditionCBIZ, Inc.
Cyberattacks are becoming more frequent and sophisticated, making a recovery from them increasingly difficult. Without preparation, a cyberattack can be devastating to your business, having severe operational, financial, legal and reputational implications.
The prevalence of cyber breaches also means cybersecurity is no longer solely an IT concern. Elevating your information security from functional to effective takes a robust set of elements, processes and people working together toward a common goal.
Our professionals have developed these articles and resources to help you protect your organization from these attacks.
Connections Help Law Practice Efficiently Obtain $5 Million Line of CreditCBIZ, Inc.
A 15-attorney law firm operated on a contingency and hourly fee basis. While it had a strong outlook for contingency cases, the costs incurred to work...
Custom Communication Plan & Active Enrollment Result in Increased ConsumerismCBIZ, Inc.
The firm embarked on a multi-year strategic plan to build a culture of wellbeing and engagement. They wanted
to educate employees to become more engaged and wise health care consumers...
Experienced Consulting Approach Leads Engineering Firm to the Right CFOCBIZ, Inc.
The Chief Financial Officer of a leading multi-disciplined engineering and consulting
firm indicated he was considering retiring. After initially considering a search process as an in-house project, the company’s leadership agreed...
Check out the latest edition for articles on Preventing Social Engineering Attacks, Triumphing in the Talent War, 3 Signs It’s Time for a Compensation Study, Strategies to Protect Your Retirement & Tips for a Successful OSHA Inspection.
Inflation, Interest Rates & the Disruption to CRECBIZ, Inc.
From assessing the various sectors to analyzing the future of your investments, learn more from our experienced team leaders on the wide-spread trends of commercial real estate property and sales.
CBIZ Quarterly Manufacturing and Distribution "Hot Topics" Newsletter (May-Ju...CBIZ, Inc.
CBIZ Quarterly Manufacturing and Distribution "Hot Topics" Newsletter (May-Jun 2022) provides you with news and guidance on the labor crisis, how to retain top talent during the Great Resignation, the business impacts of the Russia-Ukraine War, and the benefit of long-term bonus plans.
Rethinking Total Compensation to Retain Top TalentCBIZ, Inc.
Even with a developed recruiting program, strong company culture and great work-life balance, it’s difficult for companies to attract and retain the best employees without an all-inclusive compensation strategy. Add in the combination of high inflation, talent shortages and the Great Resignation, and we’re left with a hyper-competitive labor market. As a result, employers must think outside of the box to retain top performers and explore new ways to increase the value of total compensation offered. Learn how in this article.
Common Labor Shortage Risks & Tips to Mitigate Your ExposuresCBIZ, Inc.
No industry is safe from the risks of the current labor market. Employee shortages can influence multiple liabilities, but a proactive strategy can help protect your organization. In this article, learn measures to minimize labor shortage liability risks across all industries, as well as influential industry risks for construction, manufacturing and trucking.
How the Great Resignation Affects the Tax FunctionCBIZ, Inc.
Talent shortages remain a challenge universally, but it may be hitting financial roles within businesses particularly hard. The
pressures to meet tax reform obligations coupled with the
job changeover opportunities that emerged during the Great Resignation have left many tax departments feeling under-resourced. If your company is experiencing a similar situation, here are steps you can take to support your tax function.
While employee turnover is inevitable, there are several strategies companies can implement to help combat the Great Resignation, and at the center of all these strategies is technology that can benefit employers and their staff. In this article, learn how your organization can use technology to enhance the recruiting and onboarding processes, which will help attract top talent, while setting new hires up for success.
Experienced Consulting Approach Leads Engineering Firm to the Right CFOCBIZ, Inc.
The Chief Financial Officer of a leading multi-disciplined engineering and consulting firm indicated he was considering retiring. After initially considering a search process as an in-house project, the company’s leadership agreed to secure the assistance of an executive search professional.
BIZGrowth Strategies - The Great Resignation Special EditionCBIZ, Inc.
The Great Resignation continues to plague organizations across the country. It has exacerbated a host of employer challenges, including attraction, retention and engagement of top talent, as well as mitigating new risks. Our experts have developed these articles and linked resources to help your organization combat the mass employee exodus.
Kansas businesses have an opportunity for state tax incentives of which you may want to be aware.
Recent changes to the Kansas High Performance Incentive Program (HPIP) make it more broadly available
than it was in the past.
CBIZ Quarterly Commercial Real Estate "Hot Topics" Newsletter (Jan-Feb 2022)CBIZ, Inc.
The January 2022 issue of CBIZ’s Commercial Real Estate Quarterly Hot Topics Newsletter is now available! Learn about the impact of changes lease accounting, post-pandemic calculation companies are using to reassess office space needs, tax planning knowns and unknowns and the impact of rising construction costs on insurance costs. Plus – access strategies to combat the great resignation and safeguard against the unexpected.
Memorandum Of Association Constitution of Company.pptseri bangash
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A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
www.seribangash.com
Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
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What is the TDS Return Filing Due Date for FY 2024-25.pdfseoforlegalpillers
It is crucial for the taxpayers to understand about the TDS Return Filing Due Date, so that they can fulfill your TDS obligations efficiently. Taxpayers can avoid penalties by sticking to the deadlines and by accurate filing of TDS. Timely filing of TDS will make sure about the availability of tax credits. You can also seek the professional guidance of experts like Legal Pillers for timely filing of the TDS Return.
3.0 Project 2_ Developing My Brand Identity Kit.pptxtanyjahb
A personal brand exploration presentation summarizes an individual's unique qualities and goals, covering strengths, values, passions, and target audience. It helps individuals understand what makes them stand out, their desired image, and how they aim to achieve it.
"𝑩𝑬𝑮𝑼𝑵 𝑾𝑰𝑻𝑯 𝑻𝑱 𝑰𝑺 𝑯𝑨𝑳𝑭 𝑫𝑶𝑵𝑬"
𝐓𝐉 𝐂𝐨𝐦𝐬 (𝐓𝐉 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
𝐓𝐉 𝐂𝐨𝐦𝐬 provides unlimited package services including such as Event organizing, Event planning, Event production, Manpower, PR marketing, Design 2D/3D, VIP protocols, Interpreter agency, etc.
Sports events - Golf competitions/billiards competitions/company sports events: dynamic and challenging
⭐ 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐝 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬:
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➢ Korean Vietnam Partnership - Fair with LG
➢ Korean President visits Samsung Electronics R&D Center
➢ Vietnam Food Expo with Lotte Wellfood
"𝐄𝐯𝐞𝐫𝐲 𝐞𝐯𝐞𝐧𝐭 𝐢𝐬 𝐚 𝐬𝐭𝐨𝐫𝐲, 𝐚 𝐬𝐩𝐞𝐜𝐢𝐚𝐥 𝐣𝐨𝐮𝐫𝐧𝐞𝐲. 𝐖𝐞 𝐚𝐥𝐰𝐚𝐲𝐬 𝐛𝐞𝐥𝐢𝐞𝐯𝐞 𝐭𝐡𝐚𝐭 𝐬𝐡𝐨𝐫𝐭𝐥𝐲 𝐲𝐨𝐮 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐨𝐮𝐫 𝐬𝐭𝐨𝐫𝐢𝐞𝐬."
Affordable Stationery Printing Services in Jaipur | Navpack n PrintNavpack & Print
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[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
Improving profitability for small businessBen Wann
In this comprehensive presentation, we will explore strategies and practical tips for enhancing profitability in small businesses. Tailored to meet the unique challenges faced by small enterprises, this session covers various aspects that directly impact the bottom line. Attendees will learn how to optimize operational efficiency, manage expenses, and increase revenue through innovative marketing and customer engagement techniques.
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...BBPMedia1
Marvin neemt je in deze presentatie mee in de voordelen van non-endemic advertising op retail media netwerken. Hij brengt ook de uitdagingen in beeld die de markt op dit moment heeft op het gebied van retail media voor niet-leveranciers.
Retail media wordt gezien als het nieuwe advertising-medium en ook mediabureaus richten massaal retail media-afdelingen op. Merken die niet in de betreffende winkel liggen staan ook nog niet in de rij om op de retail media netwerken te adverteren. Marvin belicht de uitdagingen die er zijn om echt aansluiting te vinden op die markt van non-endemic advertising.
The Parable of the Pipeline a book every new businessman or business student ...
Construction Vital Statistics - May 2015
1. 0
5
10
Construction Vital Statistics May 2015
at a Glance
Unemployment Rate
(Bureau of Labor Statistics)
8.6%5.5%
Overall
Current Month Year-over-Year
Construction
6.3% 6.7%
Housing Permits & Starts
(U.S. Census Bureau & Dept. of Housing and Urban Dev.)
TOTAL PERMITS
Current Month:
11.8% vs.
1 yr. Earlier: 25.4%
TOTAL STARTS
Current Month:
-11.1% vs.
1 yr. Earlier: 5.1%
Nonresidential Construction Material Prices (Producer Price Index)
By the
Numbers: Current Month: 1.1%
Nonresidential Construction Spending (U.S. Census Bureau)
Construction Backlog
Indicator
(Associated Builders & Contractors/1st Quarter 2015)
8.4 vs. 1 yr. Earlier: 8.1
Construction Owner
Confidence Index
(Associated Builders & Contractors/1st Half of 2014)
Readings above 50 indicate growth
SALES EXPECTATIONS
rose from 63.2 to 68.2
PROFIT MARGIN
EXPECTATIONS
expanded from 57.5 to 60.0
STAFFING LEVEL
INTENTIONS
moved higher from 62.2 to 65.0
Year-over-year change: -3.0%
April 2015: 3.2% Year-over-year change: 8.8%
vs.
vs.
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 |
May 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
Jan. ‘15
8.7
8.3
68.2
60.0
65.0
5.7%
6.6%
9.8%
12.3%
-0.7%
8.1%
-3.1%
5.8%
3.3%
13.8%
-2.0%
18.7%
-6.7%
16.3%
12.1%
24.5%
-2.1%
-4.6%
0.4%
5.9%
49.9
133.6
0.1682%
3.25%
1.48%
2.00%
Feb. ‘15
5.5%
6.7%
10.6%
12.8%
3.0%
7.7%
-6.2%
2.8%
19.9%
15.0%
-17.0%
-3.3%
-14.9%
0.7%
-21.6%
-9.5%
0.4%
-4.9%
-2.0%
4.8%
50.4
138.5
0.1721%
3.25%
1.41%
1.93%
Mar. ‘15
5.5%
6.6%
9.5%
11.3%
-5.7%
2.9%
2.1%
4.1%
-16.0%
1.6%
2.0%
-2.5%
4.4%
-2.7%
-7.1%
-4.7%
0.8%
-3.6%
-0.1%
4.6%
51.7
134.2
0.1756%
3.25%
1.31%
1.87%
Apr. ‘15
5.4%
6.2%
7.5%
9.4%
10.1%
6.4%
3.7%
7.1%
20.0%
4.5%
20.2%
9.2%
16.7%
14.7%
31.9%
-0.5%
-0.1%
-5.1%
-0.1%
4.7%
48.8
133.2
0.1807%
3.25%
1.38%
2.13%
May ‘15
8.4
8.1
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%
1.1%
-3.0%
3.2%
8.8%
51.9
130.3
0.1842%
3.25%
1.71%
2.36%
1
2
3
4
4th Qtr.
Dec. ‘14
5.6%
6.7%
8.3%
11.4%
-1.9%
1.0%
4.5%
8.1%
-12.4%
-9.9%
4.4%
5.3%
7.2%
7.9%
-4.2%
0.3%
-1.7%
-1.9%
-1.0%
4.0%
52.2
138.0
0.1635%
3.25%
1.28%
1.76%
1st 1/2 ‘14
1st Qtr.