Construction At A Glance

01/29/13 04:45PM EST

We view the Architectural Billings Index as a way to gauge non-residential construction activity. Despite the index gradually easing in December, it continues to show expansion at 52.0. The index is supposed to lead non-residential construction activity by 9-12 months and thus indicates that activity may strengthen by mid-2013.

Construction At A Glance - arch

© 2024 Hedgeye Risk Management, LLC. The information contained herein is the property of Hedgeye, which reserves all rights thereto. Redistribution of any part of this information is prohibited without the express written consent of Hedgeye. Hedgeye is not responsible for any errors in or omissions to this information, or for any consequences that may result from the use of this information.