The Numbers

Live indicators for TheContractors.news.

Monthly · Census via FRED
$2,210.2B
−1.5% YoY

Total construction spending

The headline gauge of total work available in the market for GCs.

as of May 1, 2026 Census via FRED →
🟢 Weekly
6.55%

30-yr fixed mortgage rate

Mortgage rates drive buyer demand, which flows through to new build volume.

🟢 Monthly
1,427K SAAR
+3.5% YoY

Housing starts & building permits

The leading signal for the residential construction pipeline over the next 6–12 months.

🟡 Monthly
44.5

AIA Architecture Billings Index

Architecture billings lead non-residential construction work by 9–12 months.

🟡 Monthly
35

NAHB/Wells Fargo Housing Market Index

Builder confidence on a 0–100 scale is the best forward read on residential demand.

🟢 Monthly
369.260
+9.0% YoY

PPI construction materials (inputs)

Wholesale material costs directly determine bid margins and project profitability.

🟢 Monthly
282.7
+6.2% YoY

Softwood lumber PPI

The most volatile single materials line, with large swings that can flip a project's margin.

Updated Jul 21, 2026, 9:02 AM UTC