Jul 21, 2015
Estimating Residential Construction Cycles
The Texas Residential Construction Coincident Index is based on the movements in three direct measures of residential construction activity: real contract values, real wages paid and number of jobs. This index should be a useful tool for understanding the current direction of Texas residential construction activity. With data through May...
The Texas Residential Construction Coincident Index is based on the movements in three direct measures of residential construction activity: real contract values, real wages paid and number of jobs. This index should be a useful tool for understanding the current direction of Texas residential construction activity. With data through May 2015, the index is signaling a healthy expansion that is showing signs of slowing.
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