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US Architecture Billings Index
After nine consecutive months of growth, January’s Architecture Billing Index (ABI) reported a “softening” in US design activity. According to the American Institute of Architects (AIA), the January ABI score was 49.9, down from a mark of 52.7 in December. This score reflects a “very modest decrease” in design services (any score above 50 indicates…
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US Architecture Billings Index
After nine consecutive months of growth, January’s Architecture Billing Index (ABI) reported a “softening” in US design activity. According to the American Institute of Architects (AIA), the January ABI score was 49.9, down from a mark of 52.7 in December. This score reflects a “very modest decrease” in design services (any score above 50 indicates…
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Construction Employment, US
Construction employers in the US added 39,000 jobs in January and 308,000 over the past year, reaching the highest employment total since February 2009, as the sector’s unemployment rate fell to 9.8 per cent, according to an analysis by the Associated General Contractors of America Monday. US construction employment totaled 6,314,000 in January, the highest…
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US Existing, New, & Pending Home Sales, Inventories
Completing an improved second half of 2014, existing home sales in the US increased 2.4 per cent in December, said the National Association of Realtors Monday. Existing home sales exceeded a 5 million sales pace for the sixth time in the past seven months, and were 3.5 per cent above the same period a year…
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Madison’s Weekly Lumber Prices Updated
Disinterested buyers and softening demand sent most dimension lumber and some panel products’ prices down slightly last week. The weak Canadian dollar brought motivated construction framing lumber sellers from Canada into US markets. Volumes sold were stable, if slightly down, over the end of last year. Canadian softwood lumber production, sales, and export VOLUMES January…
