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Construction market remains resilient despite challenges

Although labor shortages and rising interest rates still pose challenges, economists from several agencies explain that in most areas the industry continues to thrive. Keep Reading

Dodge: Construction starts increase in May

Total construction starts rose 8 percent in May to a seasonally adjusted annual rate of $1.11 trillion, according to Dodge Construction Network. Keep Reading

Weaker commercial planning pulls nonresidential index downward

The Dodge Momentum Index slipped in May, with Dodge Construction Network saying commercial and institutional planning face divergent trends in the second half of 2023. Keep Reading

Dodge: On the ‘razor’s edge’ of a recession

Dodge Construction Network’s Richard Branch says while the risk of a recession in 2023 is real, he believes the U.S. will still avoid one this year. Keep Reading

Dodge: Construction starts slip 4 percent in April

Dodge Construction Network says nonresidential building starts led the drop, declining 22 percent last month. Keep Reading

Dodge: Banking on nonbuilding construction

Increased funding from the Infrastructure Investment & Jobs Act has the nonbuilding construction sector set up well, but future disbursement delays could slow the sector. Keep Reading

What to expect in the coming months for construction

Despite ongoing economic pressures, the construction industry remains strong through four-plus months of 2023. Keep Reading

Highs and lows in nonresidential construction

Dodge Construction Network’s Richard Branch points out subsectors that are helping to boost the nonresidential as a whole. Keep Reading

Dodge Momentum Index moves downward in April

The commercial component of Dodge Construction Network’s Index dipped 8 percent last month. Keep Reading

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