U.S. Housing Starts and Permits
Total housing starts were reported at a seasonally adjusted (SA), annual rate of 1,155,000 for the month of July, down 4.8% month on month, (m/m). On a three month moving average (3MMA), basis SA total [...]
Producer Price Index for Construction
The U.S. producer prices index (PPI), for final demand decreased 0.1% in July. The unexpected decline in prices points to moderating inflation that may delay the FED from raising interest rates. For the 12 months [...]
Portland Cement Shipments
For the three months total (3MMT), ending May, national Portland cement shipments fell by 1.5% on a 3MMT year on year (y/y), basis. Seven of the nine census regions posted lower 3MMT cement shipments y/y. [...]
Dodge Momentum Index
The Dodge Momentum Index fell 4.6 points in July to 135.0 or -3.3% month on month, (m/m) from its revised June reading of 139.6. A 6.5% decline in the institutional sub-index was the main reason [...]
Construction Put-in-Place
U.S. Census Bureau non-seasonally adjusted (NSA), constant dollar CPIP data showed that June total construction expenditures grew by 4.1% year on year (y/y), to $1208.9 billion (B). Private expenditures advanced 7.4% y/y, while, State & [...]
Architectural Billings Index
The national ABI score for June was 54.2, up 2.2 points above May’s score, (> 50 indicates an increase in billings). The ABI has been greater than 50 for five of months in a row [...]