1. The document provides statistics on various indicators of the construction industry in the United States for December 2015 and comparisons to previous periods. 2. The Construction Owner Confidence Index readings showed that sales expectations, profit margin expectations, and staffing level intentions all increased in December compared to the previous month. 3. Housing permits and starts decreased in December compared to the previous month but were up compared to one year earlier, indicating ongoing growth in the housing sector.

1. 0
5
10
Construction Backlog
Indicator
By the
Numbers:
Construction Owner
Confidence Index
Unemployment Rate
Housing Permits & Starts
(Bureau of Labor Statistics)
(U.S. Census Bureau & Dept. of Housing and Urban Dev.)
(Producer Price Index)
(U.S. Census Bureau)
(Associated Builders & Contractors/3rd Quarter 2015)
(Associated Builders & Contractors/1st Half of 2015)
Readings above 50 indicate growth
NonresidentialConstructionMaterialPrices
NonresidentialConstructionSpending
Overall
Current Month
SALES EXPECTATIONS
TOTAL PERMITS TOTAL STARTS
PROFIT MARGIN
EXPECTATIONS
STAFFING LEVEL
INTENTIONS
1 yr. Earlier
Construction
Construction Vital Statistics
rose from 67.3 to 69.4
expanded from 61.0 to 62.9
dipped slightly from 66.3 to 66.2
Current Month:
-3.9% vs.
1 yr. Earlier: 14.4%
Current Month:
-2.5% vs.
1 yr. Earlier: 6.4%
8.5 vs. 1 yr. Earlier: 8.8
December 2015
at a Glance
Current Month: -1.1% Year-over-year change: -4.0%
November 2015: -0.8% Year-over-year change: 10.2%
5.0% 5.6% 7.5% 8.3%

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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.
Construction Backlog Indicator (Months)
Current Backlog 8.5 8.5
Backlog from a year ago 8.5 8.8
(Associated Builders & Contractors)
Construction Owner Confidence Index1
Sales Expectations 69.4
Profit Margin Expectations 62.9
Staffing Level Intentions 66.2
(Associated Builders & Contractors)
National Unemployment Rate
Overall current month 5.3% 5.1% 5.1% 5.0% 5.0% 5.0%
Overall from twelve months earlier 6.2% 6.1% 5.9% 5.7% 5.8% 5.6%
Construction current month 5.5% 6.1% 5.5% 6.2% 6.2% 7.5%
Construction from twelve months earlier 7.5% 7.0% 7.0% 6.4% 7.5% 8.3%
(Bureau of Labor Statistics - BLS)
Housing Permits and Starts
National
Permits - Total -16.3% 3.5% -5.0% 4.1% 11.0% -3.9%
Permits - Total from twelve months earlier 7.5% 12.5% 4.7% 2.7% 19.5% 14.4%
1 - Family - change from previous month -1.9% 2.8% -0.3% 2.4% 1.1% 1.8%
1 - Family - change year over year 6.1% 8.7% 6.7% 9.0% 9.0% 8.0%
5 + Units - change from previous month -32.6% 4.3% -14.6% 8.3% 30.8% -13.5%
5 + Units - change year over year 11.1% 21.5% -1.3% -7.1% 38.9% 23.6%
Starts - Total 0.2% -3.0% 6.5% -11.0% 10.5% -2.5%
Starts - Total from twelve months earlier 10.1% 16.6% 17.5% -1.8% 16.5% 6.4%
1 - Family - change from previous month 12.8% -3.0% 0.3% -2.4% 7.6% -3.3%
1 - Family - change year over year 19.0% 14.9% 12.0% 2.4% 14.6% 6.1%
5 + Units - change from previous month -17.1% -2.3% 17.0% -25.5% 18.1% -3.4%
5 + Units - change year over year -2.1% 24.5% 28.6% -8.4% 21.3% 8.6%
(U.S. Census Bureau & Dept. of Housing and Urban Dev.)
Nonresidential Construction Material Prices
Current Month -0.3% -0.8% -1.6% -0.3% -0.5% -1.1%
Change year over year -3.9% -4.7% -6.0% -5.1% -4.6% -4.0%
(Producer Price Index - PPI)
Nonresidential Construction Spending
Previous Month 0.0% 0.5% 0.3% -0.1% 1.0% -0.8%
Change year over year 11.5% 12.7% 12.3% 12.4% 11.0% 10.2%
(U.S. Census Bureau)
AIA - Architecture Billing Index2
54.7 49.1 53.7 53.1 49.3 50.9
Dodge Momentum Index - Commercial Building3
132.1 142.0 140.0 124.5 118.8 123.3
Interest Rates4
I-Month LIBOR 0.1882% 0.1968% 0.2011% 0.1945% 0.2084% 0.3584%
WSJ Prime Rate 3.25% 3.25% 3.25% 3.25% 3.25% 3.50%
5 Year US Treasury Rate 1.58% 1.61% 1.34% 1.66% 1.71% 1.46%
10 Year US Treasury Rate 2.16% 2.28% 2.04% 2.27% 2.28% 2.03%
Jul. ‘15 Aug. ‘15 Sep. ‘15 Oct. ‘15 Nov. ‘15 Dec. ‘15
2nd Qtr. ‘15
1st 1/2 ‘15
December 2015 at a Glance
3rd Qtr. ‘15