Tag: Dodge Data & Analytics

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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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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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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May Construction Starts Climb 15 Percent

At a seasonally adjusted annual rate of $783.6 billion, new construction starts in May advanced 15% from April, according to Dodge Data & Analytics.  The increase follows a 12% decline in April, and shows total construction activity reaching the highest level reported over the past eight months.  The lift in May came from substantial gains for nonbuilding construction, up 39%; and nonresidential building, up 18%; as both sectors benefited from the start of several very large projects.

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Guide to Green Building Products – Product of the Week

Rosendale Natural Cement Products®: Natural cement is made at much lower temperatures allowing much less fuel to be burned. The estimated reduction in CO2 is on the order of 600 pounds per ton of cement. Natural Cement retains its resilience, providing high performance and low maintenance over a building’s extended life cycle.

Rosendale Natural Cement Products®: Natural cement is made at much lower temperatures allowing much less fuel to be burned. The estimated reduction in CO2 is on the order of 600 pounds per ton of cement. Natural Cement retains its resilience, providing high performance and low maintenance over a building’s extended life cycle.

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