Every two weeks, we prepare a report focused on understanding market intelligence and analyzing construction industry data and trends.
This in-depth report is developed primarily for internal distribution, but because we want to keep construction professionals like you informed about the industry, we make this report available to anyone who's interested in reading it.
What's New In This Report?
Highlights
In December 2019, the Housing Market Index (HMI) reached a score of 76 with increased performance in the current, future and traffic components of the index.
The Dodge Momentum Index (DMI) reached 155.3 in November 2019, 2.9% above the revised October score of 150.9.
Construction Update
The annualized value of Construction Put-in-Place was $1.29T in October 2019, 1.1% up from its year-ago activity.
733K new Single-family homes were sold in October 2019, 31.6% above its year-ago rate.
Economic Update
The second estimate of real GDP growth for Q3 2019 was 2.1%, a 0.1% increase from the previous quarter's estimate of 2.0%.
CPI-U, which measures inflation, increased 0.3% in November 2019, after rising 0.4% in October.
