commercial building
Near double-digit growth forecast for construction
McGraw-Hill Construction predicts total U.S. construction starts for 2014 to rise 9 percent to $555.3 billion. McGraw-Hill Construction made the prediction as part of its 2014 Dodge Construction Outlook. The organization forecasted a 5 percent increase to $508 billion for… Keep Reading
September construction climbs 13 percent
New construction starts in September advanced 13 percent to a seasonally adjusted annual rate of $556 billion, according to McGraw-Hill Construction, a division of McGraw Hill Financial. Nonresidential building bounced back after losing momentum in August, and the nonbuilding construction… Keep Reading
Housing still leading upturn in construction starts
New construction starts are forecasted to rise 6 percent this year to $506 billion, according to McGraw-Hill Construction. This is the same increase rate for total construction starts that was predicted last October, and this follows the 8 percent gain… Keep Reading
Index slips despite new institutional building plans
The Dodge Momentum Index, a monthly measure of the first report for nonresidential building projects in planning, receded in June after six consecutive monthly increases. The index slipped 1.5 percent to 113.8, down from a revised May reading of 115.5.… Keep Reading
Nonresidential building plans rebound in December
The Dodge Momentum Index, the monthly measure of the initial report for nonresidential building projects in planning, rose 3.2 percent in December, according to McGraw-Hill Construction. The December gain lifted the index to 94.9, up from November's revised 91.9. After… Keep Reading
Nonresidential building scene showing improvement
The Dodge Momentum Index, a monthly measure of the first report for nonresidential building projects in planning, climbed 8.1 percent in July after retreating a revised 2.4 percent in June, according to McGraw-Hill Construction. The momentum index for July came… Keep Reading
Commercial building plans down in May
The Dodge Momentum Index, which measures first-reported nonresidential building projects at the planning stage, slipped 1.2 percent from April to May. The index now sits at 93.6. The decrease is the result of a divergent pattern for the two major… Keep Reading
