Data & Figures - February 2024
- Dates & Figs
- February 27, 2024
Associated Builders and Contractors reported that its Construction Backlog Indicator declined to 8.1 months in February, according to an ABC member survey conducted Feb. 20 to March 5. The reading is down 1.1 months from February 2023. View ABC’s Construction Backlog Indicator and Construction Confidence Index tables for February. View the full Construction Backlog Indicator
READ MOREMonthly New Residential Construction, January 2024 Source: U.S. Census Bureau, HUD, February 16, 2024 Building Permits Privately‐owned housing units authorized by building permits in January were at a seasonally adjusted annual rate of 1,470,000. This is 1.5 percent below the revised December rate of 1,493,000, but is 8.6 percent above the January 2023 rate of
READ MOREUS Census Bureau – Total Construction Construction spending during November 2023 was estimated at a seasonally adjusted annual rate of $2,050.1 billion, 0.4 percent (±1.0 percent)* above the revised October estimate of $2,042.5 billion. The November figure is 11.3 percent (±1.5 percent) above the November 2022 estimate of $1,842.2 billion. During the first eleven months
READ MOREDodge Momentum Index Inches Up 1% in October The Dodge Momentum Index (DMI), issued by Dodge Construction Network, increased 1% in October to 181.7 from the revised September reading of 180.3. Over the month, the commercial component of the DMI rose 2%, while the institutional component retreated 1.4%. Findings of the latest DMI Improvements in
READ MOREFrom AGC: Construction employment rises by 11,000 jobs in September, but firms struggle to fill openings despite 5.5 percent increase in hourly pay. Read more. ### Construction Spending Data Read more: https://www.census.gov/construction/c30/pdf/release.pdf Read more: https://www.census.gov/construction/nrc/pdf/newresconst.pdf ### From Dodge Construction Network Enhanced Data Resilience Will Help the Design and Construction Industry Face the Risks That Impact
READ MOREDates & Figs – September 2023 Enhanced Data Resilience Will Help the Design and Construction Industry Face the Risks That Impact Their Businesses – A new study highlights the importance of data access in the new digital age, provides insights into how to manage the top risks companies face and demonstrates that designers and contractors
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