Due to its complexity, much of the subject matter concerning the economy requires detailed editorial commentary, often supported by relevant tables and graphs.
At the same time, though, there are many topics (e.g., relating to demographics, housing starts, etc.) that cry out for compelling ‘short-hand’ visualizations.
Whichever path is followed, the point of the journey, almost always, is to reach a bottom line or two.
To provide additional value, ConstructConnect is now pleased to offer an ongoing series of 1000-word charts.
These will help readers sort out the ‘big picture’ more clearly.
These 1000-word charts look at the year-over-year per cent change of U.S. and Canadian construction prices.
U.S. Construction Price Index, Year over Year % Change
From Producer Price Index (PPI) Data Set – ‘Final Demand Construction’
From Producer Price Index (PPI) Data Set – ‘Final Demand Construction’
The last data point is for January 2020.
Data source: Bureau of Labor Statistics (BLS).
Chart: ConstructConnect.
Chart: ConstructConnect.
Canadian Construction Price Index, Year over Year % Change
From Statistics Canada’s Quarterly ‘Building Construction Price Indexes’ Report
From Statistics Canada’s Quarterly ‘Building Construction Price Indexes’ Report
The index is a composite for 11 census metropolitan areas (CMAs). The last data point is for Q4, 2019.
Data source: Statistics Canada Table 18-10-0135-01.
Chart: ConstructConnect.
Chart: ConstructConnect.
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