Texas Real Estate Brokerage Sales Apprentice Education (SAE) Practice Exam

Which economic index measures current construction activity?

1. The Housing Market Index

2. The Texas Residential Coincidence Index

3. The Texas Economic Activity Index

4. The Residential Construction Performance Index

The correct answer is: The Texas Residential Coincidence Index

The Texas Residential Coincidence Index is indeed focused on measuring current construction activity, particularly within the state of Texas. This index provides valuable insights into the state’s economic conditions, as it reflects the immediate status of certain economic indicators, including construction activity. It aggregates data points from various sectors to paint a picture of current economic performance, making it particularly useful for gauging the vitality of the construction industry at any given moment. As such, it serves as a critical tool for real estate professionals, policymakers, and economists who wish to understand how construction trends correlate with overall economic health at the state level. While other options may also relate to construction or economic activity in a broader context, they do not specifically focus on real-time construction activity in the same direct manner as the Texas Residential Coincidence Index. This makes it an essential indicator for professionals observing trends and making informed decisions in the construction and housing markets.