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Category: Reports and Stats

Employees are Happier, Healthier and More Productive in LEED Green Buildings

According to a new survey released today from the U.S. Green Building Council (USGBC), employees who work in LEED-certified green buildings are happier, healthier and more productive than employees in conventional and non-LEED buildings. The survey also shows that a majority of office workers want to work for companies that are value-oriented, take stances on important issues like sustainability, and do their part for making a positive difference in the world. In fact, 84 percent of respondents prefer to work for a company that has a strong, concrete mission and positive values.

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Dodge Momentum Index Moves Lower in September

The Dodge Momentum Index dropped 2.6% in September to 159.5 from the revised August reading of 163.7.  The Momentum Index may seem to have lost some impetus, but this can be attributed to outsized gains in the late spring and summer.  In fact, the Momentum Index is now returning to a more sustainable level of activity given the overall age of the current construction cycle. 

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Construction Industry’s 2019 Economic Forecast to Debut at Dodge Data & Analytics 80th Annual Outlook Executive Conference

Dodge Data & Analytics will hold its 80th annual Dodge Construction Outlook Executive Conference October 24-25, 2018 at the Gaylord National Resort & Convention Center in National Harbor, Maryland. The annual Dodge Outlook Conference is the cornerstone event for building product manufacturers, construction service providers, contractors, engineers, industry associations, and other professionals serving the construction industry to gain critical insights into the economic forecast for the North American construction industry.

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August Construction Starts Fall 9 Percent

The value of new construction starts in August decreased 9% from the previous month to a seasonally adjusted annual rate of $741.9 billion, according to Dodge Data & Analytics. By major sector, weaker activity was reported in August for nonresidential building, down 19%; and residential building, down 7%.  On the plus side, nonbuilding construction in August advanced 6%, reflecting a steady performance by public works as well as improvement for electric utilities following depressed activity earlier this year. 

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Dodge Momentum Index Falters in August

Pushing the Dodge Momentum Index lower in August was its commercial component, which dropped 6.1% from July. The commercial component had been on a strong run since the beginning of the year, rising 25% in the January to July period as improved business confidence likely pushed building intentions higher. While commercial planning did fall in August, the trend remains positive fueled by strong economic growth and still-healthy real estate fundamentals.

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First Half 2018 Commercial and Multifamily Construction Starts Show Mixed Performance

During the first half of 2018, five of the top ten metropolitan markets for commercial and multifamily construction starts ranked by dollar volume showed increased activity compared to a year ago, according to Dodge Data & Analytics.  Of the top twenty markets, eleven were able to register gains.  At the national level, the volume of commercial and multifamily construction starts during the first half of 2018 was $101.4 billion, down 1% from last year’s first half, although still 2% above what was reported during the first half of 2016. 

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Projections reveal nonresidential construction spending to grow

Spending on nonresidential buildings nationally increased only modestly last year, barely outpacing inflation in building costs. Halfway through the seventh year of continuous growth for the cyclical construction industry, 2018 might have looked to be the year that the industry would enter another recession. However, when polled at the beginning of this year, the AIA Consensus Construction Forecast Panel—consisting of leading economic forecasters— instead saw an acceleration in activity, projecting 4.0 percent growth in 2018 and a nearly equal 3.9 percent in 2019.

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Dodge Momentum Index Increases in July

In July, the commercial component of the Momentum Index grew by 3.3%, while the institutional component fell 1.5%.  The headline Momentum Index has risen steadily since its slippage during the third quarter of 2017.  Stronger economic growth and the support from still-healthy real estate market fundamentals (occupancies and rents) have contributed to these gains for construction projects at the planning stage, which have yet to be restrained by the uncertainty arising from higher material costs and higher interest rates. 

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Study Finds Flexible Structural Sheathing Under-Designed, Unsafe and Unreliable

A new report finds that manufacturers of flexible structural sheathing overstate their lateral load resistance values by as much as 42 percent. In a study by three independent laboratories—Clemson University, University of Oklahoma and APA – The Engineered Wood Association—five flexible structural sheathing materials available in the marketplace were tested for their wind and seismic lateral load (shear wall) performance. APA published the results in a new Product Advisory: Performance of Flexible Structural Sheathing.

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Cradle to Cradle Certified products

The Cradle to Cradle program certifies products based on five quality categories—material health, material reutilization, renewable energy and carbon management, water stewardship, and social fairness. Click here to see a list of building supply & materials, as well as other products, that are Cradle to Cradle certified.

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