U.S. Infrastructure Spending

Referencing data from the U.S. Census Bureau’s construction put-in-place (CPIP) shows that total infrastructure spending, (not seasonally adjusted in constant 2009 dollars) decreased by 4.4% three months year on year, (y/y) to $51.8 billion, (B). On a twelve month y/y comparison, spending was down 5.0% to $166.5. Momentum was positive at 0.6%. Table 1 presents [...]

Dodge Momentum Index

After a big decline in September, the Dodge Momentum Index has rebounded 33.9 points or 29.3% over the past two months, 15.7 points in October and 18.2 points in November. The index now boosts its highest reading ever, eclipsing the February high of 144.0. The commercial and institutional sub-indexes posted significant increases for the month. [...]

Portland Cement Shipments

U.S. cement consumption fell in September to 9.32 million, (Mt) short tons from August’s strong volume of 10.27Mt. For the three months total (3MMT), ending September, national Portland cement shipments were flat year on year (y/y), basis at 28.55Mt. Six of the nine census regions posted higher 3MMT cement shipments y/y. Figure 1 shows the three [...]

Architectural Billings Index

The national ABI score for October rebounded to 51.7 after dipping below the 50 threshold in September. Regional monthly scores were: The South 50.8, Midwest 49.0, Northeast 54.0 and the West 49.8. The Architecture Billings Index (ABI), is a leading economic indicator that provides an approximately nine to twelve month glimpse into the future of [...]

U.S. Infrastructure Spending

Referencing data from the U.S. Census Bureau’s construction put-in-place (CPIP) shows that total infrastructure spending, (not seasonally adjusted in constant 2009 dollars) decreased by 5.3% three months year on year, (y/y) to $50.3 billion, (B). On a twelve month y/y comparison, spending was down 4.5% to $167.0B resulting in negative 0.8% momentum. Table 1 presents [...]