The PPI for housing is a proxy for housing construction costs, which are an important determinant of housing prices. The December data released this morning suggests that the gentle upward trend continues.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgwM2pOcOHeZ-JLdsnJrm-dpQuj0ix6bTBlMzA52yAXWX6nD-0bLtXJhoYk6p0LjJiSMnZb7Ja49Qycmbw_wxBRwe_nylUjm0fu5hukIfQosj0a68MlTJvacekgu9TJQSP2oDNVNoqqW0A/s400/housingppi200912.jpg)
Here are some indicators of current and future construction activity, also updated this morning through December:
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgq_Vze2WcUqU2fxQ0CmYnRVS9bxYPT90kf0GqM11n666wDsxwyl_rFrfgb5prWqfgC8cq4GMmpxNQGz3txAReSedTKmtaR3IGfoDyfBlIcmfS1G2joTTJ2HaBpKEXmwTynzI6INnKmhls/s400/singlefamilyconstruction200912.jpg)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgwM2pOcOHeZ-JLdsnJrm-dpQuj0ix6bTBlMzA52yAXWX6nD-0bLtXJhoYk6p0LjJiSMnZb7Ja49Qycmbw_wxBRwe_nylUjm0fu5hukIfQosj0a68MlTJvacekgu9TJQSP2oDNVNoqqW0A/s400/housingppi200912.jpg)
Here are some indicators of current and future construction activity, also updated this morning through December:
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgq_Vze2WcUqU2fxQ0CmYnRVS9bxYPT90kf0GqM11n666wDsxwyl_rFrfgb5prWqfgC8cq4GMmpxNQGz3txAReSedTKmtaR3IGfoDyfBlIcmfS1G2joTTJ2HaBpKEXmwTynzI6INnKmhls/s400/singlefamilyconstruction200912.jpg)
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