Contract extends longstanding relationship to generate key economic measure
NEW YORK – January 3, 2018 – Dodge Data & Analytics has been awarded a multi-year contract to continue providing data for U.S. Construction Projects Started to the U.S. Department of Commerce Census Bureau. The Dodge projects are a key input to the Nonresidential Construction Spending forecast that tracks the monthly value of Construction Put in Place. Each month, the Census Bureau samples projects from the Dodge universe of newly started projects to survey builders regarding the amount of work completed on their projects during the prior month, and continues to survey them each month until construction is completed. From these surveys of the Dodge projects, the Census Bureau develops its estimates of the value of national nonresidential construction spending, which in turn contribute to the calculations done each quarter by the Bureau of Economic Analysis (BEA) to create the U.S. GDP figures.
“Dodge is very pleased to once again be awarded this multi-year contract with the Census Bureau. We are proud of our decades-long relationship with the Bureau and the contribution that our data makes to developing this important measure of such a key sector of the U.S. economy,” said Mike Petrullo, Chief Executive Officer, Dodge Data & Analytics.
About Dodge Data & Analytics: Dodge Data & Analytics is North America’s leading provider of analytics and software-based workflow integration solutions for the construction industry. Building product manufacturers, architects, engineers, contractors, and service providers leverage Dodge to identify and pursue unseen growth opportunities and execute on those opportunities for enhanced business performance. Whether it’s on a local, regional or national level, Dodge makes the hidden obvious, empowering its clients to better understand their markets, uncover key relationships, size growth opportunities, and pursue those opportunities with success. The company’s construction project information is the most comprehensive and verified in the industry. Dodge is leveraging its 100-year-old legacy of continuous innovation to help the industry meet the building challenges of the future. To learn more, visit www.construction.com
