The AEC Lens
Alex Carrick, Chief Economist at ConstructConnect
Alex Carrick is Chief Economist for ConstructConnect. He is a frequent contributor to the Daily Commercial News and the Journal of Commerce. He has delivered presentations throughout North America on the Canadian, United States and world construction outlooks. A trusted and often-quoted source for … More »
Non-residential Construction Starts Trend Graphs – December 2015
January 19th, 2016 by Alex Carrick, Chief Economist at ConstructConnect
Article source: CMDGroup
Clichés are often true and it is the case that a picture can be worth a thousand words.
Below are six graphs recording 12-month moving averages of CMD ’s non-residential construction starts.
When the value of the current month is higher than for the same month a year ago, the line will turn up; when lower, it will dip.
String a couple of similar positive or negative directional changes together over several months and one has a trend.
And that’s what the graphs are designed to do, show improving or deteriorating trends in a dozen major and more granular categories of construction work.
U.S. Non-residential Construction Starts ‒ CMD
U.S. Commercial & Institutional Construction Starts ‒ CMD
(12-month moving averages)
Source and Chart: CMD.
U.S. Retail & Private Office Building Construction Starts ‒ CMD
U.S. Hospital/Clinic & School/College Construction Starts ‒ CMD
U.S. Road/Highway & Water/Sewage Construction Starts ‒ CMD
U.S. Bridges & Miscellaneous Civil Construction Starts ‒ CMD
Category: CMD Group