Construction Put-in-Place, (CPIP): Total U.S. construction spending continued to perform well in October 2024, especially in the private sector. Census Bureau non-seasonally adjusted (NSA), constant dollar CPIP data showed that October’s three month total (3MT) construction expenditures grew by 2.1% year on year (y/y) to 501.4 billion. On a 12MT basis, private expenditures increased by 4.6% y/y.

Architectural Billings Index: October’s 2024 national Architectural Billings Index of 50.3 was from September’s 45.7, which is below the expansionary zone, (>50). U.S. architecture firms specializing in Residential and Commercial/Industrial all reported a decrease in design activity in October.

Construction Put-in-Place, (CPIP): Total U.S. construction spending continued to perform well in September 2024, especially in the private sector. Census Bureau non-seasonally adjusted (NSA), constant dollar CPIP data showed that September’s three month total (3MT) construction expenditures grew by 2.8% year on year (y/y) to 500.4 billion. On a 12MT basis, private expenditures increased by 4.6% y/y.

Architectural Billings Index: September’s 2024 national Architectural Billings Index of 45.7 was flat from August’s 45.7, which is below the expansionary zone, (>50). U.S. architecture firms specializing in Institutional, Residential and Commercial/Industrial all reported a decrease in design activity in September.

Construction Put-in-Place, (CPIP): Total U.S. construction spending continued to perform well in August 2024, especially in the private sector. Census Bureau non-seasonally adjusted (NSA), constant dollar CPIP data showed that August’s three month total (3MT) construction expenditures grew by 6.1% year on year (y/y) to 498.2 billion. On a 12MT basis, private expenditures increased by 4.8% y/y.

Architectural Billings Index: August’s 2024 national Architectural Billings Index of 45.7 was down 2.5 points from July’s 48.2, which is below the expansionary zone, (>50). U.S. architecture firms specializing in Institutional, Residential and Commercial/Industrial all reported a decrease in design activity in August.