Consumer Confidence

The Conference Board Consumer Confidence Composite index rose 10.8 points in March to reach 125.6 points, the highest reading since December 2000. This was far better than analysts’ expectations and the fourth increase in the last five months.  The Present Situation sub-index score was 143.1 while the Expectation sub-index came-in at 113.8, both scoring their [...]

Currency Report

The US dollar (USD) continues to advance against a trade weighted basket of currencies known as the Broad Index. The February 2017 Broad index value was 101.33 down 1.4% month on month (m/m) but up 1.9% over 12 months and up 22.0% from a level of 83.04 where it stood five years ago. The FED [...]

Architectural Billings Index

After falling to a disappointing 49.5 in January (any score above 50 indicates an increase in billings), the national ABI rebounded to score 50.7 in February. In an encouraging trend for future non-residential construction activity, the ABI has been greater than 50 for four of the last five months. The ABI typically leads construction put-in-place [...]