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Commercial, multifamily construction starts retreated in 2017

Many of the leading U.S. metro areas for commercial and multifamily construction starts showed reduced activity in 2017. Keep Reading

Construction survey reports high revenue, employment in 2017

About 96 percent of contractors expect revenues to grow or remain stable in 2017, according to a USG Corp. and U.S. Chamber of Commerce survey. Keep Reading

June construction starts retreat 15 percent

New construction starts in June dropped 15 percent from the previous month to a seasonally adjusted annual rate of $620.2 billion, according to Dodge Data & Analytics. The decline followed an especially strong May, the company says. Nonbuilding construction in… Keep Reading

FMI still sees 2014 construction growth, yet its forecast is tapered

FMI forecasted growth in both residential and commercial construction for 2014 upon releasing its third-quarter construction outlook, but the management consulting and investment banking organization reined in its expectations based on recent market developments. As part of its Q3-2013 Construction… Keep Reading

Economist expects recovery to continue into 2013

In a 2013 construction forecast released Dec. 4, ABC Chief Economist Anirban Basu predicted nonresidential construction spending to expand 5.2 percent next year, with much of the expansion coming from privately financed projects. “With the elections now behind us, the… Keep Reading

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