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 MoreTag: Nonresidential building
Construction Starts Ease Back 2 Percent in September
Nonresidential Building Tops Strong August Amount, But Housing and Public Works Retreat. By Mark S. Kuhar
Read MoreForecast: Construction Starts to Increase in 2017
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 MoreDodge Momentum Index Stumbles in September
The Dodge Momentum Index fell 4.3 percent in September to 129.0 from its revised August reading of 134.8 (2000=100). 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.
Read MoreNew Construction Starts Make Huge Jump
New construction starts in August soared 21 percent to a seasonally adjusted annual rate of $711.2 billion, according to Dodge Data & Analytics, following lackluster activity in July. The August rise for total construction starts featured an especially elevated amount for nonresidential building, which was helped by the start of a $3 billion petrochemical plant in Louisiana, the $1.7 billion…
Read MoreDodge Momentum Index Inches Higher in July
The Dodge Momentum Index moved slightly higher in July, increasing 0.5 percent to 134.7 (2000=100) from its revised June reading of 134.1. 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.
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 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.
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