U.S. Infrastructure
The American Society of Civil Engineers (ASCE) issues a report card on the health of infrastructure in America on a four year cycle. The 2017 report was just released and the overall score was “D+” [...]
Producer Price Index
The PPI for all commodities came in at 192.9 off 0.10% month on month (m/m) but up 4.1% year on year (y/y), in May. This was first downward tick after five months of advances. The [...]
Dodge Momentum Index
The Dodge momentum bounced back in May, up 5.4 points or 4.0% month on month. On a 12 month moving average (12MMA), basis the index scored 136.2, up 1.2%. The Momentum Index is a monthly [...]
Construction put-in-place (CPIP)
April CPIP data released June 1st, yielded mixed results. Overall total construction recorded positive growth for both 3 month and 12 month year on year, (y/y) comparisons. Private expenditures showed growth on both time metrics [...]
Architectural Billings Index
The national ABI score for April was 50.9 (any score above 50 indicates an increase in billings). The ABI has been greater than 50 for three of months in a row and for five of [...]
U.S. Housing Starts and Permits
Total housing starts were reported at a seasonally adjusted (SA), annual rate of 1,221,000 for the month of April. On a three month moving average (3MMA), basis SA starts were 1,160,000, a 5.2% year on [...]