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Construction Data and Trends Report for January 18, 2019

Download the 100th edition of our bimonthly Construction Data and Trends Report today; a one page update on key figures, drivers, and trends for U.S. construction. 

What's New In This Report?

 

Highlights

Highlights

CPI-U, which measures inflation, declined 0.1% in December 2018, after remaining unchanged in November 2018.

The Leading Indicator of Remodeling Activity (LIRA) projected annual spending for home improvements and repairs to grow 7.2% in Q1 2019 reaching $340B.

 

Construction Update

Construction Update

In December 2018, construction final demand prices and construction industry goods saw growth of 5.1% and 3.5%, respectively, from their year-ago values.

The Dodge Momentum Index (DMI) reached 151.9 in December 2018, 4.9% below the revised November score of 159.7 but 0.3% above its year-ago score.

 

Economic Update

Economic Update

In December 2018, the unemployment rate rose to 3.9% after adding 312K jobs, with 38K added in the Construction Industry.

Thirty-nine of 51 large MSAs (1M+ population) showed year-over-year unemployment rate decreases in November 2018 with Ames, IA showing the lowest unemployment rate of 1.2%.