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August 2015 Economic News07-30-15 | News
August 2015 Economic News
Month-over-month unless otherwise noted.


Groundwork - UP!
Architecture billing index: 55.7, up from 51.9 in May
New projects inquiry index: 63.4, up from 61.5 in May
Source: American Institute of Architects


Regional Averages
50.4 - Northeast
54.9 - South
57.2 - Midwest
50.7 - West
Source: American Institute of Architects


Single-family permits: +0.9%
Multi-family permits: +16.1%
Combined total: +7.2%
Source: U.S. Census Bureau

Single-family permits: +6% from June 2014
Multi-family permits: +79% from June 2014
Combined total: +30%
Source: U.S. Census Bureau


Regional Breakdowns Source: American Institute of Architects
Month-to-month

(Single-family only)
+8.5% - Northeast
+1.1% - South
+3.8% - Midwest
-3.7% - West

(Multi & Single-family)
+2.8% - Northeast
+10.4% - South
+2.9% - Midwest
+9.5% - West

Construction - UP!
Single-family housing starts: -0.9%
Multi-family housing starts: 28.6%
Source: U.S. Census Bureau


Regional Breakdowns Source: American Institute of Architects
Month-to-month

(Single-family only)
-27.3% - Northeast
+6.8% - South
-4.0% - Midwest
-7.1% - West

(Multi & Single-family)
+35.5% - Northeast
+13.5% - South
-0.7% - Midwest
-6.0% - West

Construction of multi-family and single-family homes shot up
112.4% in the Northeast from June 2014 to June 2015.


Sales - UP!
New Home Sales
-6.8% from May 2015
+18.1% from June 2014
Source: U.S. Census Bureau

Existing Home Sales
+3.2% from May 2015
+9.6% from June 2014
Source: National Association of Realtors


Regional Breakdown Source: National Association of Realtors
+4.3% - Northeast
+2.3% - South
+4.7% - Midwest
+2.5% - West


Regional Breakdown Source: U.S. Census Bureau
+28.0% - Northeast
-4.1% - South
-11.1% - Midwest
-17.0% - West

(from June 2014)
+5.7% - Northeast
+23.1% - South
+10.9% - Midwest
+23.7% - West




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