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Construction Data and Trends Report for February 22, 2019

Download the 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

The ABI remained above 50 (neutral) in January 2019 at 55.3 points. Most of the regions and sectors remained above 50, with the South region and the Mixed Practice sector in the lead.

In February 2019, the Housing Market Index (HMI) was at 62 with increased performance in the current, future and traffic components of the index.

 

Construction Update

Construction Update

The Associated Builders and Contractors (ABC) reported a 1.1% decrease from the previous quarter in their Construction Backlog Indicator (CBI) to 8.9 months of backlog in Q4 2018.

657K new Single-Family homes were sold in November 2018, 7.7% below its year-ago rate.

 

Economic Update

Economic Update

CPI-U, which measures inflation, remained unchanged in January 2019, from the inflation index in December 2018.

The Dodge Momentum Index (DMI) reached 157.7 in January 2019, 4.7% above the revised December score of 150.6 and 7.9% above its year-ago score.