1. The document provides various construction industry statistics such as contractor confidence index, unemployment rates, housing permits and starts, material prices, and construction spending.
2. Readings above 50 on indexes indicate growth, while below 50 indicate contraction. The contractor confidence index for sales expectations was 59.7.
3. Housing permits decreased 4.1% from the previous month while housing starts decreased 4.8%. Nonresidential construction material prices increased 2.7% from the previous year.
Construction Vital Statistics March 2017CBIZ, Inc.
The unemployment rate for the construction sector is slightly improved from the prior year, and the year-over-year change in nonresidential material prices is positive. Whether the unemployment rate has a positive impact on other indicators remains to be same; the contractor confidence index is still slightly lower than the same period in 2016.
1. The document provides various construction industry statistics such as contractor confidence index, unemployment rates, housing permits and starts, material prices, and construction spending.
2. Readings above 50 on indexes indicate growth, while below 50 indicate contraction. The contractor confidence index for sales expectations was 59.7.
3. Housing permits decreased 4.1% from the previous month while housing starts decreased 4.8%. Nonresidential construction material prices increased 2.7% from the previous year.
Construction Vital Statistics March 2017CBIZ, Inc.
The unemployment rate for the construction sector is slightly improved from the prior year, and the year-over-year change in nonresidential material prices is positive. Whether the unemployment rate has a positive impact on other indicators remains to be same; the contractor confidence index is still slightly lower than the same period in 2016.
Construction Vital Statistics January 2017CBIZ, Inc.
The first Construction Vital Statistics of 2017 has arrived. Learn about all of the Construction trends from Unemployment to Starts and Permits during January.
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.
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.
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 October 2018CBIZ, Inc.
1. The document provides statistics on the construction industry in the US, including contractor confidence levels, unemployment rates, housing permits and starts, construction material prices, spending, and interest rates.
2. Readings above 50 on confidence indexes and billing indexes indicate growth in the construction sector.
3. Unemployment rates have remained steady at around 3.7% overall and 3.6% in construction.
Construction Vital Statistics January 2017CBIZ, Inc.
The first Construction Vital Statistics of 2017 has arrived. Learn about all of the Construction trends from Unemployment to Starts and Permits during January.
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.
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.
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 October 2018CBIZ, Inc.
1. The document provides statistics on the construction industry in the US, including contractor confidence levels, unemployment rates, housing permits and starts, construction material prices, spending, and interest rates.
2. Readings above 50 on confidence indexes and billing indexes indicate growth in the construction sector.
3. Unemployment rates have remained steady at around 3.7% overall and 3.6% in construction.
Construction Vital Statistics - May 2016CBIZ, Inc.
1. The document provides statistics on various indicators for the construction industry, including owner confidence indexes, unemployment rates, housing permits and starts, material prices, and construction spending.
2. Readings above 50 for confidence and economic indexes indicate anticipated growth, while readings below 50 are less favorable.
3. The Architecture Billing Index provides a 9-12 month outlook for nonresidential construction spending based on initial project planning reports.
Construction Vital Statistics - December 2015CBIZ, Inc.
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.
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 - June 2015CBIZ, Inc.
- The unemployment rate for overall construction was 6.1% for the current month, down slightly from 6.3% year-over-year. Housing permits increased 7.4% for the current month and 30% compared to a year earlier. Non-residential construction spending increased 1.1% for the previous month and 8.1% year-over-year.
This document provides a summary of construction industry statistics for June 2015. Key points include:
- The national unemployment rate decreased to 5.3% year-over-year, while the construction unemployment rate was 6.1%.
- Housing permits increased 7.4% month-over-month and 30.0% year-over-year. Housing starts increased 9.8% month-over-month and 26.6% year-over-year.
- Construction owner confidence indices such as sales expectations, profit margins, and staffing intentions all saw growth compared to the previous year.
- The unemployment rate for overall construction was 5.7% for the current month, down from 6.2% year-over-year.
- Total housing permits increased 4.1% for the current month compared to a 2.7% increase year-over-year, while total housing starts decreased 11.0% for the current month versus a 1.8% decrease year-over-year.
- The Architecture Billing Index reading was 53.1, indicating growth in nonresidential construction spending activity.
- The unemployment rate for overall construction was 6.2% in July 2015, down from 6.3% the previous month but up from 5.5% one year earlier.
- Housing permits were down 16.3% in July 2015 compared to the same month last year, while housing starts were up 0.2% compared to a 10.1% increase the previous year.
- The Architecture Billing Index reading of 55.7 in July 2015 indicated growth in nonresidential construction spending, while the Dodge Momentum Index reading of 126.1 also signaled positive trends in commercial building activity.
This document provides an overview of construction industry statistics for August 2015. Key points include:
- The national unemployment rate was 5.1% year-over-year, while the construction unemployment rate was 6.1%.
- Housing permits increased 3.5% month-over-month but were up 12.5% from the previous year. Housing starts decreased 3.0% month-over-month but increased 16.6% year-over-year.
- Nonresidential construction material prices decreased 0.8% month-over-month and were down 4.7% from the previous year. Nonresidential construction spending increased 0.5% month-over-month and was up 12
Construction backlog indicators and owner confidence indexes were stable in February 2016 according to the document. The unemployment rate declined slightly in the current month compared to one year earlier. Housing permits and starts decreased in the current month compared to one year ago, with single family permits and starts decreasing as well. Nonresidential construction material prices declined slightly in the current month compared to one year earlier.
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Construction Vital Statistics June 2017
1. Construction Vital Statistics
(Bureau of Labor Statistics)
Overall Construction
10.0
8.0
4.0
2.0
6.0
0
70.0
60.0
Sales
Expectations
Profit Margin
Expectations
Staffing Level
Intentions
50.0
40.0
(Associated Builders & Contractors/2nd Half of 2016)
Readings above 50 indicate growth
PreviousCurrent
Current 1 Yr. Earlier
CONTRACTOR
CONFIDENCE INDEX
UNEMPLOYMENT RATE
CONSTRUCTION
BACKLOG INDICATOR
HOUSING PERMITS
AND STARTS
BY THE NUMBERS
change in
Nonresidential
Material Prices
(Producer Price Index)
change in
Nonresidential
Spending
(U.S. Census Bureau)
(U.S. Census Bureau & Dept. of Housing and Urban Dev.)
change in
Total Permits
Previous
Year
Year Over
Year
Previous
Year
Year Over
Year
Previous
Month
Previous
Month
Previous
Month
Previous
Month
change in
Total Starts
(Associated Builders & Contractors/1st Quarter 2017)
Current 1 Yr. Earlier
$
4.4% 4.5%4.9% 4.6%
59.7
56.0
59.5
65.1
61.1
64.9
5.1%7.4% 2.1%8.3%
9.0 8.6
2.3%0.2% 0.3%0.3%
June 2017 at a Glance
2. 1-800-ASK-CBIZ | www.cbiz.com/constructionMHM (Mayer Hoffman McCann P.C.) is an independent CPA firm that provides audit, review and attest services, and works closely with CBIZ, a business consulting,
tax and financial services provider. CBIZ and MHM are members of Kreston International Limited, a global network of independent accounting firms.
June 2017 at a Glance
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 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 has 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 4th Qtr. ‘16 8.3 1st Qtr. ‘17 9.0
Backlog from a year ago 8.7 8.6
(Associated Builders & Contractors)
Construction Contractors Confidence Index1
Sales Expectations 2nd 1/2 ‘16 59.7
Profit Margin Expectations 56.0
Staffing Level Intentions 59.5
(Associated Builders & Contractors)
National Unemployment Rate
Overall current month 4.8% 4.7% 4.5% 4.4% 4.3% 4.4%
Overall from twelve months earlier 4.9% 4.9% 5.0% 5.0% 4.7% 4.9%
Construction current month 9.4% 8.8% 8.4% 6.3% 5.3% 4.5%
Construction from twelve months earlier 8.5% 8.7% 8.7% 6.0% 5.2% 4.6%
(Bureau of Labor Statistics - BLS)
Housing Permits and Starts
National
Permits - Total 4.6% -6.2% 3.6% -2.5% -4.9% 7.4%
Permits - Total from twelve months earlier 8.2% 4.4% 10.7% 5.7% -8.0% 5.1%
1 - Family - change from previous month -2.7% 3.1% -1.1% -4.5% -1.9% 4.1%
1 - Family - change year over year 11.1% 13.5% 13.5% 6.2% 6.0% 9.2%
5 + Units - change from previous month 23.5% -26.9% 18.3% 1.5% -10.1% 14.6%
5 + Units - change year over year 4.7% -15.7% 26.1% 4.1% -13.1% -2.4%
Starts - Total -2.6% 3.0% -6.8% -2.6% -5.5% 8.3%
Starts - Total from twelve months earlier 10.5% 6.2% 9.2% 0.7% -2.4% 2.1%
1 - Family - change from previous month 1.9% 6.5% -6.2% 0.4% -3.9% 6.3%
1 - Family - change year over year 6.2% 3.2% 9.3% 8.9% 8.5% 10.3%
5 + Units - change from previous month -7.9% -7.7% -6.1% -9.6% -9.8% 15.2%
5 + Units - change year over year 25.7% 11.2% 9.1% -14.6% -25.7% -10.7%
(U.S. Census Bureau & Dept. of Housing and Urban Dev.)
Nonresidential Construction Material Prices
Current Month 1.0% 0.1% 0.4% 0.7% 0.0% 0.2%
Change year over year 3.8% 4.7% 4.4% 4.2% 3.1% 2.3%
(Producer Price Index - PPI)
Nonresidential Construction Spending
Previous Month -0.7% -1.9% 2.2% -1.2% -1.7% 0.3%
Change year over year 4.6% 1.5% 3.1% 1.0% 0.8% 0.3%
(U.S. Census Bureau)
AIA - Architecture Billing Index2
49.5 50.7 54.3 50.9 53.0 54.2
Dodge Momentum Index- Commercial Building3
152.7 151.1 145.4 145.9 153.0 150.9
Interest Rates4
I-Month LIBOR 0.7714% 0.7767% 0.9286% 0.9909% 1.0122% 1.1714%
WSJ Prime Rate 3.75% 3.75% 4.00% 4.00% 4.00% 4.25%
5 Year US Treasury Rate 1.84% 2.01% 2.02% 1.79% 1.86% 1.76%
10 Year US Treasury Rate 2.33% 2.51% 2.51% 2.26% 2.34% 2.16%
Jan. ‘17 Feb. ‘17 Mar. ‘17 Apr. ‘17 May ‘17 Jun. ‘16