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
The second estimate of real GDP growth for Q4 2019 was 2.1%, the same as that of the previous quarter's estimate of 2.1%.
The annualized value of Construction Put-in-Place was $1.37T in January 2020, 6.8% up from its year-ago activity with civil construction spending growing at 10.0%.
Construction Update
In February 2020, construction final demand prices saw a growth of 3.8%, and construction industry goods saw a growth of 0.4% from their year-ago values.
764K new Single-family homes were sold in January 2020, 18.6% above the year-ago rate.
Economic Update
CPI-U, which measures inflation, increased 0.1% in February 2020, the same increase as in January.
The Dodge Momentum Index (DMI) reached 148.7 in February 2020, 1.8% below the revised January score of 151.4.
