How Real-Time Construction Activity Signals Can Help You Stay Ahead of Shocks, Shortages, and Shifting Demand In an era of frequent disruptions—from geopolitical tensions to extreme weather events—construction supply chains face unprecedented volatility. Material costs fluctuate, lead times grow uncertain, and planning becomes a moving target. Amid this instability, … [Read more...]
Construction Market Trends for March 2025
The construction market had an increase in March over February, and New Construction continued to remain fairly static year-over-year, and Alterations saw an increase. New Construction Month over Month change: +7.51%; Year-over-Year Change: -0.01% Alterations Month over Month change: +7.03%; Year-over-Year Change: +1.01% Regionally, all regions saw an … [Read more...]
Construction Market Trends for December 2024
New construction activity for the US dropped in December (-2.92%), and year-over-year there was a -4.56% decrease compared to December 2023. Alteration activity saw a similar decrease in December over November (-3.01%). However, year-over-year alteration performance saw an increase, coming in at +2.39% over December 2023. Regionally, Southeast was the only region … [Read more...]
Construction Market Trends for November 2024
New construction activity for the US dropped in November (-5.52%), however it was not as much of a drop as it was last year, with Nov 2023 coming in at a -7.3% decrease. A small decrease is expected in December. Alteration activity saw a similar decrease in November over October (-5.33%). Year-over-year alteration performance was static, with no change over last … [Read more...]
Construction Market Trends for October 2024
New construction activity for the US stayed almost static in October compared to last month, with a very small increase (+0.06%), however a decrease is expected in November and December. Year-over-year, October new construction saw a decrease (-4.73%). Alteration activity saw a small increase in October over September (+1.44%). Year-over-year alteration performance was almost … [Read more...]