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22 LC DBM I n f o r m a t i o n R e q u e s t # 5 0 7 Total residential and nonresidential building starts were lackluster in 2015 , but Construction Market Data Group expects a rebound in 2016 . Overall starts are forecast to climb 6.5% to $560 billion this year. NATIONAL Numbers Home Sales Architecture Billing Index (ABI): 49.6, down from 51.3 in December New projects inquiry index: 55.3, down from 60.5 in December SOURCE: AMERICAN INSTITUTE OF ARCHITECTS Origination Construction (December-to-January) (December-to-January) (December-to-January) (December-to-January) (Year-to-Year) (Year-to-Year) (Year-to-Year) PERMITS STARTS EXISTING HOMES NEW HOMES COMPLETIONS Single-family: -1.6% Multi-family: -1.1% Combined total: -0.2% Single-family: -3.9% Multi-family: -2.5% Combined total: -3.8% +0.4% from December 2015 +11.0% from January 2015 -9.2% from December 2015 -5.2% from January 2015 Single-family: -1.4% Multi-family: +8.7% Combined total: +2.0% Single-family: +9.6% Multi-family: +17.9% Combined total: +13.5% Single-family: +3.5% Multi-family: -3.8% Combined total: +1.8% Single-family: +2.5% Multi-family: +20.2% Combined total: +8.4% SOURCE: U.S. CENSUS BUREAU SOURCE: U.S. CENSUS BUREAU SOURCE: NATIONAL ASSOCIATION OF REALTORS SOURCE: U.S. CENSUS BUREAU SOURCE: U.S. CENSUS BUREAU TOPStories A majority of respondents (76%) in a National Association of Home Builders' survey said their most pressing problem in 2016 would be fnding qualifed workers . It was 53% in 2013; 61% in 2014; and then 71% in 2015. Construction starts jumped 9.8% in January, which is signifcant, Construction Market Data Group said. That's because starts have been declining by an average of 8.5% in the December-to-January time frame. Gilbane Building Company predicts total construction spending will expand by 10.7% in 2015 , and another 9.7% in 2016 . If the forecast holds true, it would set a new record for a three-year period (2014-2016). Economic News