Dodge Data & Analytics released its 2018 Dodge Construction Outlook, a mainstay in construction industry forecasting and business planning. The report predicts that total U.S. construction starts for 2018 will climb 3 percent to $765 billion.
Read MoreTag: public works
Construction Spending Down for Month; Up for Year
Construction spending during June 2017 was estimated at a seasonally adjusted annual rate of $1,205.8 billion, 1.3 percent (±1.5 percent) below the revised May estimate of $1,221.6 billion. The June figure is 1.6 percent (±1.8 percent) above the June 2016 estimate of $1,186.4 billion.
Read MorePoll: Americans Want Government to Lead on Rebuilding Infrastructure
Nothing, it seems, is uniting the country these days quite like the shared enthusiasm for infrastructure investment. A new U.S. Chamber of Commerce poll found that 73 percent of Americans want the federal government to take the lead on rebuilding the nation’s transportation infrastructure.
Read MoreKey Projects Drive February Construction Starts
At a seasonally adjusted annual rate of $724.3 billion, new construction starts in February advanced 16 percent compared to the previous month, according to Dodge Data & Analytics. Much of the lift came from three massive projects valued each in excess of $1 billion that were included as February construction starts.
Read MoreCASE Brings Dire States Tour to Washington, D.C.
CASE Construction Equipment brought the Dire States tour to Washington, D.C., for Infrastructure Week 2014, a series of events designed to “explore emerging solutions, innovative approaches and best practices being developed nationwide to modernize aging infrastructure.”
Read MoreSenate Committee Touts Six-Year Transportation Bill
May 14 – According to the National Stone, Sand and Gravel Association (NSSGA), leaders of the Senate Environment and Public Works Committee released a bipartisan, six-year surface transportation bill May 12 that would maintain spending on federal-aid highways at current levels plus inflation.
Read MoreFebruary Construction Unchanged from Prior Month
Bridge Construction Down 14 Percent, Highways Down 21 Percent. By Mark S. Kuhar
Read MoreGetting into a ‘Boxer’ Match
February 19, 2014 – A new federal transportation funding mechanism is beginning to move forward. Sen. Barbara Boxer (D-Calif.), chairman of the Senate Environment and Public Works Committee, speaking at a hearing on the Economic Importance of Maintaining Federal Investments in Our Transportation Infrastructure, said, “It is critical for our nation to continue investing in our aging infrastructure. Therefore, preserving the…
Read MoreAugust Construction Rises 2 Percent
By Mark S. Kuhar Highway And Bridge Construction Had A Strong Month, Jumping 30 Percent.
Read MoreJuly Construction Recedes 2 Percent
By Mark S. Kuhar New Construction Starts In July Decreased 2 Percent, While Highway Construction Dropped 22 Percent. New construction starts in July decreased 2 percent to a seasonally adjusted annual rate of $479.1 billion, according to McGraw Hill Construction, a division of McGraw Hill Financial. The nonbuilding construction sector, comprised of public works and electric utilities, pulled back in…
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