Industry Pulse: The latest construction data and statistics
This construction data hub is updated when any of the following eight industry reports is released. These charts offer a look at the construction industry's health over the past two years.
While often revised in subsequent months, construction spending figures each month from the U.S. Commerce Department examine the private and public construction sectors. Within the private sector, the report tracks single-family residential, multifamily residential and nonresidential.
Latest report: Feb. 1, 2017
Next release: March 1, 2017
- Construction Dive Construction spending dips in December following post-recession high
- U.S. Commerce Department December 2016 construction at $1,181.5 billion annual rate
The labor shortage has consistently been a major challenge for construction companies. Each month, the Bureau of Labor Statistics releases job gains or losses in the industry and divides the figures into residential and nonresidential sectors.
Latest report: Feb. 3, 2017
Next release: March 10, 2017
- Construction Dive Construction employment spikes in January with 36K new jobs
- U.S. Bureau of Labor Statistics Employment situation
- Associated General Contractors of America Construction employment in January reaches highest level since 2008; contractors raise pay faster than other sectors in effort to fill openings
- Associated Builders and Contractors Construction job growth rebounds in 2017
Architecture Billings Index
The ABI, from the American Institute of Architects, serves as an indicator of future construction spending — with a lead time of about nine to 12 months — as design services lead to new commercial projects. Any mark above 50 on the ABI indicates an increase in billings.
Latest report: Jan. 18, 2017
Next release: Feb. 22, 2017
- Construction Dive Architecture billings skyrocket to highest level of 2016
- American Institute of Architects Architecture Billings Index ends year on positive note
Housing Market Index
The National Association of Home Builders/Wells Fargo Housing Market Index offers a monthly score of builder optimism toward the single-family market. The HMI is divided into current sales conditions, buyer traffic and sales expectations for the next six months.
Latest report: Feb. 15, 2017
Next release: March 15, 2017
- Construction Dive NAHB: Builder optimism declines for second-straight month
- National Association of Home Builders Builder Confidence Continues to Settle Back to Sustainable Levels in February
The U.S. Commerce Department releases monthly housing starts data — one of the most closely watched residential construction reports — one day after the HMI. Although new home construction has continued to slowly recover, housing starts still remain well below what economists consider normal levels.
Latest report: Feb. 16, 2017
Next release: March 16, 2017
- Construction Dive Housing starts fall back in January on multifamily volatility
- U.S. Commerce Department Monthly new residential construction January, 2017
- The Wall Street Journal U.S. Housing Starts Slide in January
Existing home sales
The National Association of Realtors releases data for existing home sales, which represent the majority of activity in the housing market, each month. The report also includes information for the share of first-time buyers purchasing existing properties.
Latest report: Jan. 24, 2017
Next release: Feb. 22, 2017
- Construction Dive Existing-home sales dip in December but end 2016 on a high note
- National Association of Realtors Existing-Home Sales Slide in December; 2016 Sales Best Since 2006
- Reuters U.S. existing home sales fall as supply hits 17-year low
New home sales
New home sales account for approximately 10% of the total housing market. The monthly report from the U.S. Commerce Department also delves into regional new home sales as well as the median price of new properties.
Latest report: Jan. 26, 2017
Next release: Feb. 24, 2017
- Construction Dive Tight inventory pulls new-home sales down 10.4% in December
- U.S. Commerce Department New residential sales in December 2016
- MarketWatch New-home sales tumble to a 10-month low in December as recovery remains rocky
Pending home sales
The pending home sales report from the National Association of Realtors rounds out the string of housing market data reports each month. It serves as a forward-looking indicator of home sales based on contract signings.
Latest report: Jan. 30, 2017
Next release: Feb. 27, 2017
- Construction Dive Pending home sales rise 1.6% in December despite tight inventory and rising interest rates
- National Association of Realtors Pending Home Sales Bounce Back in December
- CNBC Pending home sales bounce back 1.6% in December