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 Expansion Index is updated monthly, with the chart below representing data from February 2014 by MSA. The next update is scheduled for March 2014.
RCD (Reed Construction Data) collects data about commercial non-residential construction projects across all vertical markets from architects in the US and Canada. Included in the database is new construction, renovation, and stimulus recovery projects
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.
Available as a paper report or Web-based dashboard, expansion analyses are available for specific vertical markets, such as healthcare, education or retail. Other market size and market opportunity studies are also available.