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Non-Residential Construction Starts Increase as Projects Enter Backlog
Construction starts are forecast to rise 9% in 2022, prompting Richard Branch, chief economist with Dodge Construction Network, to say he feels “reasonably positive” about the industry’s trajectory. But with many projects just now entering backlogs, some sectors may have … Continue reading
Posted in Featured News, News, Today's News
Tagged 2022, Amazon, backlogs, Bid prices, chief economist, commercial construction, construction starts, Data centers, Dodge Construction Network, Dodge Construction Network 2022 Mid-Year Outlook, Dodge Momentum Index, education starts, Federal Reserve, forecast, health care starts, hotel sector, inflation, institutional building starts, interest rates, labor shortage, pandemic, recession, retail sector, Richard Branch, rise, rural and suburban areas, sectors, solid recovery, Ukraine, Uncertainty, wait, war, warehouse starts, webinar, “real resurgence”
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Total Construction Starts Inch Higher in April
The Dodge Construction Network reports that total construction starts rose 3% in April to a seasonally adjusted annual rate of $945.8 billion. The same report shows nonresidential building starts rose 6% and residential starts increased by 4%, while nonbuilding starts … Continue reading
Posted in News, Today's News
Tagged 2-10 54th Avenue apartments, Aggie Square Life science building, Caesar Virginia hotel and casino, Civic Square condominiums, commercial starts, Dodge Construction Network, Federal Reserve, institutional starts, manufacturing starts, multifamily structures, nonbuilding starts, Nonresidential building starts, residential starts, Richard Branch, Rose Gaming Resort, seasonally adjusted annual rate, total construction, Total construction starts
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March Sees Decline in Construction Starts
The Dodge Construction Network reported that total construction starts fell 12% in March to a seasonally adjusted annual rate of $903.8 billion. Nonresidential building starts dropped 29%, according to the report, indicating it was in part due to the start … Continue reading
Total Construction Starts Soar in October
The Dodge Construction Network reports that total construction starts pushed 16% higher in October, to a seasonally adjusted annual rate of $1.01 trillion. Nonresidential building starts gained 29% and nonbuilding moved 52% higher in October, while residential starts lost 8%. … Continue reading
February Clocks Further Decline in National Construction Starts
Dodge Data & Analytics’ latest Construction Starts release shows total construction starts fell 2% in February, putting them at a seasonally adjusted annual rate of $797.3 billion. Nonbuilding construction starts posted a solid gain after rebounding from a weak January, … Continue reading
Posted in News, Today's News
Tagged ApiJect Systems, commercial starts, construction starts, Dodge Data & Analytics, Dodge Index, Gigafactory, Nonbuilding construction, office and hotel starts, Ohio State University, residential and nonresidential building starts, Richard Branch, seasonally adjusted annual rate, Sterling EdgeCore, Wexner Inpatient Hospital Tower
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