Higher Materials Prices Take A Toll, Highways Down. By Mark S. Kuhar Total construction starts lost 7% in June, slipping to a seasonally adjusted annual rate of $863.6 billion, according to Dodge Data & Analytics. All three major sectors (residential, nonresidential building, and nonbuilding) pulled back during the month. Single-family housing starts are feeling the detrimental effects of rising materials…
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First Look – August 2021
TOP NEWS • USGS STATS • ECONOMIC INDICATORS • MSHA WATCH • ENERGY TOP NEWS Industry Leaders Share Growth Projections The Texas Aggregates & Concrete Association at its 67th Annual Meeting heard a National Economic Report presented by Jon Hockenyos, president of TXP Inc., an economic analysis and public policy consulting firm. New Frontier Materials Buys Fred Weber Assets New Frontier…
Read MoreTotal Construction Falls in May as Housing Stumbles
Single-Family Construction Feeling Brunt Of Higher Material Prices; Highways Surge Higher. By Mark S. Kuhar Total construction starts dropped 1% in May to a seasonally adjusted annual rate of $902.8 billion, according to Dodge Data & Analytics. The brunt of the decline was borne by residential starts, while nonresidential and nonbuilding starts continued their recovery from the COVID-19 pandemic. “The…
Read MoreDodge Momentum Index Jumps in May
The Dodge Momentum Index moved 9.1% higher in May to 178.0 (2000=100), up from the revised April reading of 163.2. The Momentum Index, issued by Dodge Data & Analytics, is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year.
Read MoreConstruction Starts to Recover in 2021
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.
Read MoreFrom 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.
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