New construction starts in June advanced 6 percent to a seasonally adjusted annual rate of $549.7 billion, the highest level so far in 2014, according to McGraw Hill Construction, a division of McGraw Hill Financial. Nonresidential building strengthened after pulling back in May, with the lift coming from the start of several large manufacturing plant projects. Modest gains in June…
Read MoreTag: Nonresidential building
May Construction Retreats 5 Percent; Highways Up
Despite the Dip, Highways Category up 23 Percent; Bridges up 34 Percent. By Mark S. Kuhar
Read MoreApril Construction Advances 3 Percent
Highway Work Dropped 23 Percent while Bridge Construction Fell 43 Percent. By Mark S. Kuhar
Read MoreDodge Momentum Index Climbs Again in May
The Dodge Momentum Index gained 2.0 percent in May to 125.2, following April’s strong rebound. According to McGraw Hill Construction, a division of McGraw Hill Financial, 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 MoreApril Construction Advances 3 Percent
New construction starts in April rose 3 percent to a seasonally adjusted annual rate of $533.7 billion, according to McGraw Hill Construction, a division of McGraw Hill Financial. The increase maintained the upward movement established in March, which followed sluggish activity at the outset of 2014.
Read MoreNew Construction Advances in March
Highway Construction In March Increases 26 Percent; Bridge Construction Climbs 45 Percent. By Mark S. Kuhar
Read MoreFebruary Construction Unchanged from Prior Month
Bridge Construction Down 14 Percent, Highways Down 21 Percent. By Mark S. Kuhar
Read MoreDodge Momentum Index Slips in March
The Dodge Momentum Index retreated 0.8 percent in March compared to February, according to McGraw Hill Construction, a division of McGraw Hill Financial. 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 MoreFebruary Construction Unchanged from Prior Month
At a seasonally adjusted annual rate of $486.7 billion, new construction starts in February were essentially the same as January’s amount, according to McGraw Hill Construction, a division of McGraw Hill Financial. After the strong finish to last year, the construction start statistics have shown lackluster activity during the first two months of 2014. The flat pace for total construction…
Read MoreJanuary Construction Slides 13 Percent
HIGHWAY AND BRIDGE CONSTRUCTION FELL AS WINTER TEMPERATURES HIT HARD IN SOME PARTS OF THE COUNTY. By Mark S. Kuhar The value of new construction starts fell 13 percent in January to a seasonally adjusted annual rate of $485.0 billion, according to McGraw Hill Construction, a division of McGraw Hill Financial. The downturn followed a healthy performance in December, which…
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