Murray 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 More

Construction 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 More

July 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 More

New 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 More
1 2 3 5