Dodge Data & Analytics offered its 2021 Dodge Construction Outlook, a mainstay in construction industry forecasting and business planning. The report predicts that total U.S. construction starts will increase 4% in 2021, to $771 billion.
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From Production to Construction
Regional Aggregates Production Reports Shine A Light On The Material Fueling National Construction Markets. By Mark S. Kuhar and Josephine Patterson
Read MoreMurray Predicts
March 18, 2018 – Robert A. Murray, chief economist for Dodge Data & Analytics, notes both positives and negatives in the organization’s latest monthly report. “In early 2019, there are several near-term positives for construction. Interest rates have settled back from levels reached during last year’s fourth quarter, material prices appear to be rising more slowly, and the partial government…
Read MoreConstruction Starts Ease Back 2 Percent in September
The value of new construction starts in September decreased a slight 2 percent to a seasonally adjusted annual rate of $703.7 billion, according to Dodge Data & Analytics. This follows the 22 percent jump for total construction starts in August, which witnessed the highest monthly pace for construction starts so far in 2016.
Read MoreNew Construction Starts Make Huge Jump
The August Rise For Total Construction Starts Featured An Especially Elevated Amount For Nonresidential Building. By Mark S. Kuhar
Read MoreJuly Construction Starts Slip 2 Percent
At a seasonally adjusted annual rate of $586.3 billion, new construction starts in July fell 2 percent from the previous month, according to Dodge Data & Analytics. A steep drop by electric utilities pulled down the nonbuilding construction sector, which in turn contributed to the slight decline for total construction starts.
Read MoreNew Construction Starts in June Drop 7 Percent
New construction starts in June decreased 7 percent from the previous month to a seasonally adjusted annual rate of $595.1 billion, according to Dodge Data & Analytics. The nonbuilding construction sector (public works and electric utilities) fell sharply after being lifted in May by the start of a $3.8 billion oil pipeline in the upper Midwest and seven large power…
Read MoreMarch Construction Eases Back One Percent
At a seasonally adjusted annual rate of $660.5 billion, new construction starts in March receded 1 percent from February’s pace, according to Dodge Data & Analytics. Total construction starts had jumped 13 percent in February, led by a huge gain for the electric utility and gas plant category.
Read MoreFebruary Construction Starts Rise 10 Percent
At a seasonally adjusted annual rate of $667.6 billion, new construction starts in February advanced 10 percent compared to the previous month, according to Dodge Data & Analytics.
Read MoreJanuary Construction Starts Rise; Year Starts Strong
The value of new construction starts in January grew 2 percent to a seasonally adjusted annual rate of $607.9 billion, according to Dodge Data & Analytics.
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