Total construction starts rose 6% in April to a seasonally adjusted annual rate of $1.13 trillion, according to Dodge Construction Network. Nonresidential building starts gained 17%, nonbuilding starts were 4% higher, while residential starts slipped 1%. On a year-to-date basis through April total construction starts were up 13% from the first four months of 2023. Residential starts were up 22%,…
Read MoreTag: public works
Construction Starts Drop 6% as Fewer Megaprojects Move Forward
Total construction starts fell 6% in September to a seasonally adjusted annual rate of $1.2 trillion, according to Dodge Construction Network. Nonresidential starts lost 4%, residential starts declined 6%, and nonbuilding starts fell 9%. Highway and bridge starts fell 15%. Year-to-date through September 2023, total construction starts were 3% below that of 2022. Residential and nonresidential starts were down 17%…
Read MoreTotal Construction Starts Slip in June
Higher Materials Prices Take A Toll, Highways Down. By Mark S. Kuhar Total construction starts lost 7% in June, slipping to a seasonally adjusted annual rate of $863.6 billion, according to Dodge Data & Analytics. All three major sectors (residential, nonresidential building, and nonbuilding) pulled back during the month. Single-family housing starts are feeling the detrimental effects of rising materials…
Read MoreInterstate Highway System Turns 65
The Dwight D. Eisenhower National System of Interstate and Defense Highways, which has been called the most ambitious public works project built since the Roman Empire, is the most critical link in the nation’s transportation system. The Interstate Highway System turns 65 this year.
Read MoreState DOTs Granted Relief in COVID Package
COVID-19 Emergency Relief Package legislation set for a vote in Congress includes $10 billion for state Departments of Transportation (DOT) to recoup funds lost as a result of the pandemic’s impact on driving habits and lost gas tax revenues in FY2020.
Read MoreGranite Receives Two Public Works Project of the Year Awards
Aggregates producer and construction contractor Granite was selected as the recipient of two American Public Works Association’s (APWA) 2019 Public Works Project of the Year Awards for infrastructure projects publicly developed, owned and maintained, that promote excellence in construction management and administration. These awards recognize the alliance between the managing agency, the contractor, the consultant, and their cooperative achievements.
Read MoreInside the Dodge Report
June 20, 2019 – Dodge Data and Analytics released its latest construction-starts report. Highway and bridge construction eased back 2% in May following 8% improvement over the previous two months. May is traditionally the start of warmer weather, so it is surprising to see a decline. However, weather conditions have been sketchy, to say the least. The top five states in…
Read MoreTurning the Corner
April 18, 2019 – Maybe we have turned the corner in 2019. According to Dodge Data & Analytics, highway and bridge construction starts in March grew 4%, showing improvement after declines in January (down 5%) and February (down 6%). According to Robert A. Murray, the organization’s chief economist, the passage of federal appropriations for fiscal year 2019 in mid-February seems to be helping the public works sector. The…
Read MoreNew Construction Starts Climb 21 Percent; Highways Soar
New construction starts in October climbed 21 percent to a seasonally adjusted annual rate of $864.0 billion, according to Dodge Data & Analytics. The substantial increase followed three straight months of decline, during which the pace of total construction starts fell 22 percent from the exceptionally strong volume reported back in June.
Read MoreShuster Working on Bipartisan Infrastructure Bill
According to a report in The Hill, House Transportation and Infrastructure Committee Chairman Bill Shuster (R-Pa.) is working to unveil an infrastructure bill this summer.
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