The document provides construction industry statistics for September 2015. Unemployment rates were at 7.0% overall and 5.9% for construction. Housing permits decreased 5.0% month-over-month but increased 4.7% year-over-year, while housing starts increased 6.5% month-over-month and 17.5% year-over-year. Nonresidential construction material prices decreased 1.6% month-over-month. Nonresidential construction spending increased 0.3% month-over-month and 12.3% year-over-year. Construction backlog was unchanged from the previous year.

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Construction Vital Statistics September 2015
at a Glance
Unemployment Rate
(Bureau of Labor Statistics)
7.0%5.1%
Overall
Current Month Year-over-Year
Construction
5.9% 5.5%
Housing Permits & Starts
(U.S. Census Bureau & Dept. of Housing and Urban Dev.)
TOTAL PERMITS
Current Month:
-5.0% vs.
1 yr. Earlier: 4.7%
TOTAL STARTS
Current Month:
6.5% vs.
1 yr. Earlier: 17.5%
Nonresidential Construction Material Prices (Producer Price Index)
By the
Numbers: Current Month: -1.6%
Nonresidential Construction Spending (U.S. Census Bureau)
Construction Backlog
Indicator
(Associated Builders & Contractors/2nd Quarter 2015)
8.5 vs. 1 yr. Earlier: 8.5
Construction Owner
Confidence Index
(Associated Builders & Contractors/1st Half of 2015)
Readings above 50 indicate growth
SALES EXPECTATIONS
rose from 67.3 to 69.4
PROFIT MARGIN
EXPECTATIONS
expanded from 61.0 to 62.9
STAFFING LEVEL
INTENTIONS
dipped slightly from 66.3 to 66.2
Year-over-year change: -6.0%
August 2015: 0.3% Year-over-year change: 12.3%
vs.
vs.

2. 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.
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www.cbiz.com/construction1-800-ASK-CBIZ |
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September 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)
National Housing Permits and Starts
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
Apr. ‘15 May ‘15 Jun. ‘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%
Jul. ‘15
8.5
8.5
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%
1.2%
-3.9%
3.2%
8.8%
51.9
130.3
0.1842%
3.25%
1.71%
2.36%
Aug. ‘15
5.3%
6.1%
6.3%
8.2%
7.4%
30.0%
0.9%
6.0%
16.1%
79.0%
9.8%
26.6%
0.9%
14.7%
28.6%
55.0%
0.3%
-3.6%
1.1%
8.1%
55.7
126.1
0.1859%
3.25%
1.63%
2.36%
1
2
4
8.4
8.1
67.3
61.0
66.3
2nd 1/2 ‘14
1st Qtr. ‘15 2nd Qtr. ‘15
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Arizona Unemployment Rate
6.0% 5.9%
6.3% 6.3%
7.1% 6.9%
-
3.0%
3.4%
6.0%
22.5%
39.0%
14.9%
22.2%
13.5%
California Unemployment Rate
Nevada Unemployment Rate
West Housing Permits and Starts
5.8%
6.4%
7.0%
Overall current month
Overall current month
Overall current month
Permits - Total
Permits - Total from twelve months earlier
1 - Family - change from previous month
1 - Family - change year over year
Starts - Total
Starts - Total from twelve months earlier
1 - Family - change from previous month
1 - Family - change year over year
-1.9%
14.9%
2.6%
20.3%
-12.5%
32.5%
-9.2%
24.6%
9.5%
27.4%
-3.7%
6.2%
-6.0%
9.6%
-7.1%
12.1%
5.3%
6.2%
5.5%
7.5%
6.1%
6.2%
6.8%
-16.3%
7.5%
-1.9%
6.1%
-32.6%
11.1%
0.2%
10.1%
12.8%
19.0%
-17.1%
-2.1%
-9.9%
10.9%
-1.3%
14.8%
-3.1%
4.1%
16.6%
24.5%
-0.3%
-3.9%
0.0%
11.5%
54.7
132.1
0.1882%
3.25%
1.58%
2.16%
5.1%
6.1%
6.1%
7.7%
6.3%
6.1%
6.8%
3.5%
12.5%
2.8%
8.7%
4.3%
21.5%
-3.0%
16.6%
-3.0%
14.9%
-2.3%
24.5%
9.6%
36.4%
5.8%
28.1%
-1.1%
28.2%
-18.3%
7.3%
-0.8%
-4.7%
0.5%
12.7%
49.1
142.0
0.1968%
3.25%
1.61%
2.28%
Sep. ‘15
69.4
62.9
66.2
1st 1/2 ‘15
5.1%
5.9%
5.5%
7.0%
6.3%
5.9%
6.7%
-5.0%
4.7%
-0.3%
6.7%
-14.6%
-1.3%
6.5%
17.5%
0.3%
12.0%
17.0%
28.6%
-6.2%
15.7%
-4.9%
19.1%
25.4%
27.5%
18.2%
19.0%
-1.6%
-6.0%
0.3%
12.3%
53.7
139.5
0.2011%
3.25%
1.34%
2.04%