Jul
16

Where is the New Construction Happening in the Carolinas?

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The Expansion Index from Reed Construction Data is a 12 to 18 month “look ahead” at the construction marketplace. It indicates whether a location’s construction volume is expected to expand or shrink in the upcoming 12 months. The data is all commercial, non residential data, with vertical markets such as retail, medical, government, education, etc. included. A value of 1.0 or better indicates an expanding market. A value of 1.0 or less indicates a contracting market. The Expansion Index is updated monthly, with the chart below representing data from July 2014 by MSA in the Carolinas. I will try to post this data monthly going forward.

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