Dodge Data & Analytics released its 2017 Dodge Construction Outlook, a mainstay in construction industry forecasting and business planning. The report predicts that total U.S. construction starts for 2017 will advance 5 percent to $713 billion, following gains of 11 percent in 2015 and an estimated 1 percent in 2016.
Read MoreTag: construction starts
October Construction Starts Recede 4 Percent
Residential Building Shows Moderate Growth; Highways Down 4 Percent. By Mark S. Kuhar
Read MoreOctober Construction Starts Recede 4 Percent
New construction starts in October decreased 4 percent to a seasonally adjusted annual rate of $678.9 billion, settling back from the elevated amount that was reported in September, according to Dodge Data & Analytics. Nonresidential building retreated from its brisk September pace, which was this sector’s strongest volume so far in 2016.
Read MoreConstruction Starts Ease Back 2 Percent in September
Nonresidential Building Tops Strong August Amount, But Housing and Public Works Retreat. By Mark S. Kuhar
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 MoreMay Construction Starts Rise 5 Percent
At a seasonally adjusted annual rate of $636.7 billion, new construction starts in May increased 5 percent from April, according to Dodge Data & Analytics. Much of the growth came from the nonbuilding construction sector (public works and electric utilities), which was lifted by a $3.8 billion oil pipeline in the upper Midwest as well as by seven power plant…
Read MoreNew Construction Falls in April; Highways Rise
While New Construction Starts Fell in a Rut in April, Highway and Bridge Work Goes Up. By Mark S. Kuhar
Read MoreMarch Construction Eases Back One Percent
Nonresidential Building Climbs Sharply; Public Works and Highways Down. By Mark S. Kuhar
Read MoreFebruary Construction Starts Rise 10 Percent
Much Of The Lift In February Came From the Nonbuilding Construction Sector, But Highway Work Declined. By Mark S. Kuhar
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 More