U.S. construction spending in January was estimated at a seasonally adjusted annual rate of $1.83 trillion, down 0.1% from December 2022 but up 5.7% over the same period in 2022. Private construction spending was $1.44 trillion, marking no change from December. Residential totals for January were $847 billion, 0.6% lower than the previous month, while
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The seasonally adjusted S&P Global U.S. Manufacturing Purchasing Managers’ Index (PMI) in November was 47.7, dropping 2.7 points from October. Manufacturers reported a decrease in both output and new orders. The PMI index comprises five sub-indices tracking changes in new orders, output, employment, suppliers’ delivery times and stocks of raw materials. A reading above 50
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U.S. builder confidence for new single-family homes in October diminished for the tenth consecutive month, decreasing eight points from September to 38, the lowest reading since August 2012, according to the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). The HMI component gauging current sales conditions shrunk nine points to 45, and the
U.S. housing starts in September were at a seasonally adjusted annual rate of 1.439 million, dropping 8.1% from the revised August figure and 7.7% lower than the comparable month last year. Single-family starts declined 4.7% from August to 892,000. U.S. building permits in September were at a seasonally adjusted annual rate of 1.564 million, increasing
U.S. hotel construction at the end of September was down 8.9% to 156,861 rooms compared to the same month in 2021, with New York, Nashville and Phoenix leading the current supply. Rooms in “final planning” dropped 15.5% to 173,932, but “in planning” projects grew 7% over September 2021 to 282,225. See STR
The September Architecture Billings Index (ABI) dropped 1.6 points to 51.7, according to The American Institute of Architects (AIA) Economics & Market Research Group. A score above 50 indicates growth in billings. Design contracts decreased from 52.3 in August to 50.7. September billings were in positive territory for all geographic regions, with the Northeast leading
U.S. construction spending in January was estimated at a seasonally adjusted annual rate of $1.83 trillion, down 0.1% from December 2022 but up 5.7% over the same period in 2022. Private construction spending was $1.44 trillion, marking no change from December. Residential totals for January were $847 billion, 0.6% lower than the previous month, while
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The seasonally adjusted S&P Global U.S. Manufacturing Purchasing Managers’ Index (PMI) in November was 47.7, dropping 2.7 points from October. Manufacturers reported a decrease in both output and new orders. The PMI index comprises five sub-indices tracking changes in new orders, output, employment, suppliers’ delivery times and stocks of raw materials. A reading above 50
Please LOGIN to review this restricted content. If you’ve requested a new password and did not receive one, please check your spam folder and also make sure the following domain is “whitelisted” as a safe sender: weblinkinternational.com. If you still did not receive a password reset email. please contact us. If you’re not a member,
Please LOGIN to review this restricted content. If you’ve requested a new password and did not receive one, please check your spam folder and also make sure the following domain is “whitelisted” as a safe sender: weblinkinternational.com. If you still did not receive a password reset email. please contact us. If you’re not a member,
U.S. builder confidence for new single-family homes in October diminished for the tenth consecutive month, decreasing eight points from September to 38, the lowest reading since August 2012, according to the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). The HMI component gauging current sales conditions shrunk nine points to 45, and the
U.S. housing starts in September were at a seasonally adjusted annual rate of 1.439 million, dropping 8.1% from the revised August figure and 7.7% lower than the comparable month last year. Single-family starts declined 4.7% from August to 892,000. U.S. building permits in September were at a seasonally adjusted annual rate of 1.564 million, increasing
U.S. hotel construction at the end of September was down 8.9% to 156,861 rooms compared to the same month in 2021, with New York, Nashville and Phoenix leading the current supply. Rooms in “final planning” dropped 15.5% to 173,932, but “in planning” projects grew 7% over September 2021 to 282,225. See STR
The September Architecture Billings Index (ABI) dropped 1.6 points to 51.7, according to The American Institute of Architects (AIA) Economics & Market Research Group. A score above 50 indicates growth in billings. Design contracts decreased from 52.3 in August to 50.7. September billings were in positive territory for all geographic regions, with the Northeast leading
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© Copyright 2021 Composite Panel Association. All rights reserved.