Trends

Nonresidential Lifts Construction Starts in June

With the help of a rebound in the nonresidential construction sector, new construction starts in June advanced six percent to a seasonally adjusted annual rate of $549.7 billion—the highest level so far in 2014—according to McGraw Hill Construction. Nonresidential building … Continue reading

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Dodge Momentum Index On Rise for Third Straight Month

The Dodge Momentum Index continued its upward climb for the third straight month in June, gaining 3.3 percent to 128.7, according to McGraw Hill Construction. The Momentum Index is a monthly measure of the first (or initial) report for nonresidential … Continue reading

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Dodge Momentum Index Continues to Climb After Slow Start

Following weather-induced declines in February and March, the Dodge Momentum Index is ascending, according to McGraw Hill Construction. The index, which is a monthly measure of the first report for nonresidential building projects in planning, gained 2 percent in May … Continue reading

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Strong Conditions Revealed in Architecture Billings Index

The Architecture Billings Index (ABI) showed more acceleration in the growth of design activity nationally. As a leading economic indicator of construction activity, the ABI reflects the approximate nine- to 12-month lead time between architecture billings and construction spending. The … Continue reading

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Construction Materials Prices Remain Stable, Rise Only 0.3 Percent in August

Construction materials prices rose only 0.3 percent in August and are up 1.4 percent year over year, according to the September 13 Producer Price Index released by the Department of Labor. In addition, nonresidential construction materials increased 0.5 percent for … Continue reading

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Flat Glass Market Growing at a 9.34 Percent CAGR to 2016, Says Research Report

Analysts at TechNavio forecast the Global Flat Glass market to grow at a Compound Annual Growth Rate (CAGR) of 9.34 percent over the period 2012-2016. One of the key factors contributing to this market growth is the growing demand from … Continue reading

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Positive Trend Continues for Architecture Billings Index

The Architecture Billings Index (ABI) saw a jump of more than a full point last month, indicating acceleration in the growth of design activity nationally.  As a leading economic indicator of construction activity, the ABI reflects the approximate nine to … Continue reading

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ABI Remains Positive in June After Earlier Decline

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The Architecture Billings Index (ABI) remained positive again in June after the first decline in ten months in April.  As a leading economic indicator of construction activity, the ABI reflects the approximate nine- to 12-month lag time between architecture billings … Continue reading

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Building Construction Employment Up 8.5 Percent from January to February

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The number of building construction employees rose 8.5 percent from January to February 2013, according to the latest report from the Bureau of Labor Statistics (BLS). The BLS estimates that 1,251.7 thousand (seasonally adjusted) were employed in building construction-related jobs … Continue reading

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Architecture Billings Index Continues to Improve

The Architectural Billings Index (ABI) is continuing to rise, according to the latest report from the American Institute of Architects (AIA). The February ABI score was 54.9, up slightly from a mark of 54.2 in January. The ABI reflects the … Continue reading

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