The Blue Book launches new industry Velocity Index
The Blue Book Network Velocity Index provides manufacturers, distributors and contractors leading indicators of construction spending to inform business decisions.
The Blue Book Network® announces The Blue Book Network Velocity Index, a new leading economic indicator for the construction industry. The Velocity Index measures the direction and magnitude of month-to-month changes in bidding activity in The Blue Book Network, accounting for seasonality.
The Index provides Manufacturers, Distributors, General Contractors, and Sub Contractors a vital leading indicator of construction spending to inform their critical business decisions.
The Blue Book Network® Velocity Index is the latest development from Blue Book's Network Intelligence and Analytics team, focused on creating analysis and data visualization applications to support critical business decisions.
The Blue Book Network Velocity Index for November:
The Blue Book Network Velocity Index continued to reflect the October decline, dropping to 100.8 in November, a 4.8% decrease (December 2018 = 100). The rate of decrease for the Index slowed considerably compared to the revised 13.9% drop seen in October, likely still reflecting concern over increases in COVID-19 rates. The Index remains strong, 19% higher than April's revised low of 84.7
Click here to learn how The Blue Book Network Velocity Index is created and how to include it in your company's strategic decision making.
CONTRACTOR SUPPLY MAGAZINE
The April/May 2024 issue of Contractor Supply magazine is here!
This digital edition is sponsored by BECK AMERICA Inc.
Our cover story, Masters of Fasteners, visits Interstate Screw Corp. of metro Miami, which serves the fastening needs of south Florida, the Caribbean and Central and South America.
Also in this issue,our Industry Updates cover Adhesives, Tapes and Sealants, Anchoring Systems and Safety and PPE.
This digital edition is fully searchable and contains live links to every advertiser and new product listing. Click away!
