construction
FMI outlook says economy slowly improving
FMI released its Q3-2014 Construction Outlook, which anticipates slow growth in the economy. This forecast is attributed to the relatively low energy prices, low inflation, unemployment holding around 6.2 percent and GDP slowly growing. In addition to this, consumers are… Keep Reading
Masaba adds regional sales manager
Masaba hired Bob Brewer as its western region sales manager. According to Masaba, Brewer has more than 35 years of experience in the construction and aggregate industries. Keep Reading
Nonresidential building takes a step back in July
The Dodge Momentum Index fell 4.4 percent in July following two months of gains. According to McGraw Hill Construction, which produces the index as a monthly measure of the first report for nonresidential building projects in planning, the index is… Keep Reading
More growth for nonresidential construction but industry still hesitant
FMI's Nonresidential Construction Index report for the second quarter of this year shows slight improvement in the nonresidential sector compared with the first quarter of this year, as well as the second quarter of last year. The index jumped 0.9… Keep Reading
Notes about highway funding
In its Q1-2014 Construction Outlook Report, FMI forecasts a modest 1 percent increase in highway and street construction for 2014 to $82.2 billion. The company says, "Public-private-partnerships still hold out hope for projects that can generate revenue from usage fees,… Keep Reading
U.S. cement consumption to reach nearly 80 million tons
Growth in U.S. construction markets could be dampened by Congressional drama that erodes consumer confidence and hinders recovery, according to the latest forecast from the Portland Cement Association (PCA). "American consumers love drama. Moreover, Congress knows how to create it,… Keep Reading
Firm anticipates 7 percent increase in construction next year
Researchers at FMI, a management consulting and investment banking firm to the construction industry, are predicting construction-put-in-place (CPIP) growth rates to be slightly ahead of the gross domestic product in 2014. FMI is specifically predicting construction put in place to… Keep Reading
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
