Highways Also Down; Annual Construction Finishes Year Up 1 Percent to $676.5 Billion. By Mark S. Kuhar
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Construction Starts in 2016 Advance Only 1 Percent
For all of 2016, total construction starts advanced 1 percent to $676.5 billion, a considerably smaller gain than the 11 percent increase reported for 2015, according to Dodge Data & Analytics. If the volatile manufacturing plant and electric utility/gas plant categories are excluded, total construction starts in 2016 would be up 4 percent, depicting a more gradual deceleration relative to…
Read MoreNew Construction Starts in December Slide 5 Percent
New construction starts in December slipped 5 percent to a seasonally adjusted annual rate of $613.0 billion, according to Dodge Data & Analytics. The latest month’s decline for total construction was due to sharply reduced activity for the nonbuilding construction sector, reflecting further erosion by public works as well as a steep plunge by the electric utility/gas plant category. At…
Read MoreNew Construction Starts in November Slip 6 Percent
Nonbuilding Construction Descended 9 Percent; Highway And Bridge Construction Fell 16 Percent. By Mark S. Kuhar
Read MoreNew Construction Starts in November Slip 6 Percent
At a seasonally adjusted annual rate of $638.3 billion, new construction starts in November retreated 6 percent from October, according to Dodge Data & Analytics. Each of the three major construction sectors experienced reduced activity in November.
Read MoreNew Construction Starts in 2017 Predicted to Increase 5 Percent
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 MoreOctober 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 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.
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