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: Jan. 3, 2017
Next release: Feb. 1, 2017
- Construction Dive Construction spending soars to 10-year high
- U.S. Commerce Department November 2016 construction at $1,182.1 billion annual ratee
- Yahoo Finance US construction spending hits highest level in 10 years
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: Jan. 6, 2016
Next release: Feb. 3, 2017
- Construction Dive Construction loses 3K jobs in December as building demand outpaces worker supply
- U.S. Bureau of Labor Statistics Employment situation
- Associated General Contractors of America Construction employment dips in December but rising hourly earnings, contractor optimism suggest hiring pause is due to worker shortage
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: Jan. 18, 2017
Next release: Feb. 15, 2017
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: Jan. 19, 2017
Next release: Feb. 16, 2017
- Construction Dive Housing starts bounce back in December on multifamily surge
- U.S. Commerce Department New residential construction in December 2016
- The Wall Street Journal Housing Starts Jumped in December, Capping Best Year Since 2007
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: Dec. 21, 2016
Next release: Jan. 24, 2016
- Construction Dive Existing-home sales hit highest level in nearly a decade
- National Association of Realtors Existing-home sales forge ahead in November
- Reuters U.S. existing home sales rise to near 10-year high
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: Dec. 23, 2016
Next release: Jan. 26, 2016
- Construction Dive New-home sales reach second-highest rate since 2008
- U.S. Commerce Department New residential sales in November 2016
- MarketWatch With November jump, new-home sales hit 2nd-highest point of recovery
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: Dec. 28, 2016
Next release: Jan. 30, 2017
- Construction Dive NAR: Pending home sales fall back in November
- National Association of Realtors Pending home sales backpedal in November
- CNBC Pending home sales fall 2.5 percent in November as Trump bump misses housing
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