Architectural Billings Index
March’s ABI national overall score of 51.0, down 1.0 point from February’s 52.0 but still well into the expansionary zone, (>50). Although business conditions in the northeast region softened, it remained strong in the West [...]
Producer Price Index for Construction
The March Bureau of Labor Statistics producer prices index, (PPI) excluding food and energy, the final demand goods PPI rose 0.4% for the third consecutive month. The PPI for all commodities was down 0.2% month [...]
Construction Put-in-Place, (CPIP)
Total U.S. construction spending continued to perform well in February, especially in the public sector. Census Bureau non-seasonally adjusted (NSA), constant dollar CPIP data showed that January’s twelve month total, (12MT) construction expenditures grew by [...]
Advanced Durable Goods Orders
The U.S. Census Bureau reported yesterday that; new orders for durable goods orders gained 3.1% month on month, (m/m) in February, good news after the disappointing 3.5% decline in January. The always volatile nondefense aircraft [...]
U.S. Housing Starts and Permits
According to the U.S. Census Bureau’s latest data, housing starts fell by 7.0% month on month, (m/m) in February to a seasonally adjusted annualized rate (SAAR) of 1,236,000 units. This figure was down 90,000 from [...]
Architectural Billings Index
February’s ABI national overall score of 52.0 was down 2.7 points from January’s 54.7 but still well into the expansionary zone, (>50). U.S. architecture firms with emphasis on multifamily and/or institutional specialization reported exceptional strong [...]