Scorelogix Construction Job Security Index increased by 1.6% or 0.6 points (MOM) in January 2013 compared to December 2012 and increased by 72.7% or 107.4 points (YOY) in January 2013 compared to January 2012. The improvement in this sector indicates a stronger housing market and rebuilding efforts after super storm Sandy. Historically, the index in the construction sector has had its worst figures from January to March every year and then recovered later in April or May and then kept growing in the months afterwards. Therefore, Scorelogix predicts the sector to experience insignificant to mildly decrease in the next 1 to 2 months.
Monthly updates of the Scorelogix Construction Job Security Index, the Scorelogix National Job Security Index and Job Security Indexes for selected industries may be purchased individually or by subscription. Custom reports for specific geographic regions and other industrial groups down to the zip code level can also be purchased.