Data New

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Data - New Old
By Anirban Basu, Chief Economist, ABC June 23,
2009
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Economic Indicators
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Commercial Real Estate LoansJanuary 2001-April
2009, SA
Source Federal Reserve Board
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Architecture Billings IndexDecember 2007-April
2009
Source The American Institute of Architectures
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Nonresidential Construction Spending April 2006-
April 2009
April 2008 v. April 2009 Manufacturing
70.3 Power 25.9 Commercial
-24.4 Office
-10.5 Nonresidential 2.5
Source U.S. Census Bureau
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Nonresidential Construction Spending by Subsector
April 2009 vs. April 2008 (SAAR)
Source U.S. Census Bureau
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National Nonfarm Employmentby Industry Sector
GroupsMay 2008 v. May 2009Absolute Change
-5,366k All Told
Source Bureau of Labor Statistics
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Net Change in U.S. JobsJanuary 2001 through May
2009
Over the last 12 months (May to May) the U.S.
lost 5,366k jobs
Source Bureau of Labor Statistics
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Unemployment Rates, U.S. States (SA) April 2009
Source Bureau of Labor Statistics

• U.S. Unemployment Rate April 09 8.9

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Unemployment Rates, Largest 20 Metros(NSA) April
2009
Source Bureau of Labor Statistics
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Conference Board Consumer Expectations
IndexOctober 2001 through May 2009
72.3 Highest Since Dec. 07
Source Conference Board
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U.S. Retail Food Services SalesJanuary 2001
through May 2009
Source Dismal.com
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U.S. Business Inventory to Sales RatioJanuary
2001 through March 2009
Source Dismal.com
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U.S. Nonresidential Fixed Investment1990Q2
through 2009Q1
Source BEA
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U.S. Nonresidential Structure Fixed
Investment1990Q2 through 2009Q1
Source BEA
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U.S. Exports1990Q2 through 2009Q1
Source BEA
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U.S. Federal Budget Deficit, 1995-2010
Source Congressional Budget Office
2009-2010 data are projections
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Concluding Remarks

• ABC has a new tool by which to increase its
  national exposure
• The ABC economic team looks forward to other
  suggestions to make ABC the principal source for
  construction economic analysis in the U.S.
• Certain nonresidential segments continue to
  prosper and those segments are also the ones that
  stand to disproportionately benefit from the
  stimulus package and
• Other nonresidential construction segments remain
  mired in recession and recovery remains many
  years away.