B
Evidence Grade B
Graded
accuracy verified by the review judge
Safe to Cite
Aging
11.4%
11.4% -- builders correctly calculating wipaa rate for residential builders (SORCI survey) (2024)
Only 11.4% of surveyed builders could correctly calculate the Work in Progress Accounting Adjustment (WIPAA).
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Lighthouse Research Team
Last verified:
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Source verified
Evidence graded
Value
11.4%
Unit
Percentage
Data Vintage
2024
Entity
Sample Size
2,240
Evidence Quality
B
Strong, reliable evidence
Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.
Single source - not yet corroborated
Score breakdown
Extraction
95
Source Trust
60
Citation Chain
20
Independence
30
Methodology
45
Freshness
95
Source
Association of Professional Builders
Primary
Tier A
https://blog.associationofprofessionalbuilders.com/year-in-review-2024 ↗
Source Article
Year in Review: 2024
For many builders, 2024 was a year of challenges. Rising inflation, volatile costs, and unpredictable markets made it harder than ever to stay ahead. Leads dried up, deals fell through at the last minute, and the pressure to manage cash flow and keep projects on track only intensified.
Yet, amidst t…
Original Research
Association of Professional Builders
· Original study ↗
Methodology
State of Residential Construction Industry (SORCI) survey of 2,240 builders
Methodology documented
Segmentation
Industryreal_estate
Cite this stat
Plain Text
residential builders (SORCI survey): 11.4% builders correctly calculating wipaa rate. Source: Association of Professional Builders (2024). Via Lighthouse Intelligence -- https://lighthousedata.io/data/builders-wipaa-calculation-2024
HTML Embed
<blockquote cite="https://lighthousedata.io/data/builders-wipaa-calculation-2024" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>11.4%</strong> -- builders correctly calculating wipaa rate for residential builders (SORCI survey)<br><small>Source: Association of Professional Builders (2024) · <a href="https://lighthousedata.io/data/builders-wipaa-calculation-2024" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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