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 MoreTag: Dodge Data & Analytics
March 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.
Read MoreConstruction Starts Climb 8 Percent in 2015
For 2015 as a whole, total construction starts climbed 8 percent to $645.5 billion, according to Dodge Data & Analytics. This continues the pattern of moderate expansion for total construction starts registered during the previous three years – 2012, up 12 percent; 2013, up 11 percent; and 2014, up 9 percent.
Read MoreNew Construction Starts Rise in December
New construction starts in December advanced 4 percent to a seasonally adjusted annual rate of $591.6 billion, according to Dodge Data & Analytics. The December gain follows a 5 percent decline in November and brings total construction activity back close to the amount that was reported in October.
Read MoreNovember Construction Dips; Up Year-Over-Year
Nonresidential Building Retreats After October’s Substantial Gain; Highways Up 16 Percent. By Mark S. Kuhar
Read MoreNew Construction Starts in October Climb 13 Percent
Rise Due To Sharp Rebound By Nonresidential Building; Highway And Bridge Work Recedes. By Mark S. Kuhar
Read MoreNovember Construction Dips; Up Year-Over-Year
At a seasonally adjusted annual rate of $563.3 billion, new construction starts in November fell 5 percent from the previous month, according to Dodge Data & Analytics. The decline represented a partial pullback after the 13 percent increase reported for total construction in October, as nonresidential building lost some momentum following its improved October pace.
Read MoreDodge Momentum Index Falls
The Dodge Momentum Index fell 3.7 percent in November to 119.9 (2000=100) from its October reading of 124.5. The Momentum Index 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, and is issued each month by Dodge Data…
Read More