Residential construction impacted by shortages of building materials and labour; Private non-residential construction improvement continues.
Private residential output up 0.4% m-o-m in August (24% y-o-y). Building permits up 5.6% m-o-m (13% y-o-y). Private non-residential output down -1% m-o-m in August (-2.3% y-o-y). Architecture Billings Index (ABI) reaches 55.6 in August from 54.6 in July (> 50, expansion).