New Construction Cost Index

June 2015




New Construction Indexes Year Over Year Change:
December 2003 = 100 Jun.
2015
May.
2015
Percent
Change
Jun.
2014
Percent
Change
Commercial and Institutional 133.7 133.5 0.16% 132 1.29%
Manufacturing and Industrial 133.7 133.5 0.11% 132.1 1.22%
Residential 136.8 136.6 0.12% 134.3 1.87%
Index Components*
Construction labor 131.8 131.8 -0.04% 128.4 2.61%
Architectural & engineering services 124.3 124.3 0% 121.3 2.5%
Retail trade 162.9 161.1 1.12% 154.9 5.16%
Wholesale trade 134 135.1 -0.76% 133 0.78%
Fabricated structural metal manufacturing 144.2 143.7 0.35% 143.8 0.28%
Other Indexes
CPI-Urban Consumers, All Items 129.5 129 0.35% 129.3 0.12%

*Five heavily weighted index components are shown.
Sources: U.S. Department of Commerce, U.S. Department of Labor, and Whitestone Research.
Note: Index values for recent data are preliminary.