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Construction picks up in March

New construction starts rose 7 percent in March to a seasonally adjusted annual rate of $521.4 billion, according to McGraw Hill Construction, a division of McGraw Hill Financial. Nonresidential building picked up the pace after its lackluster performance at the… Keep Reading

Dodge Momentum Index slips further in March

The Dodge Momentum Index measuring the first report for nonresidential building projects in planning retreated 0.8 percent in March compared with February, according to McGraw Hill Construction. The March index is at 113.8 – down from a revised 114.8 in… Keep Reading

February construction unchanged from previous month

New construction starts in February were about the same as January’s amount, according to McGraw Hill Construction, a division of McGraw Hill Financial. After a strong finish to last year, the construction start statistics have shown lackluster activity during the… Keep Reading

Nonresidential building plans soften in February

The Dodge Momentum Index slipped 2.6 percent in February compared with the previous month, according to McGraw Hill Construction, a division of McGraw Hill Financial. The momentum index is a monthly measure of the first report for nonresidential building projects… Keep Reading

Construction takes a hit in January

The value of new construction starts fell 13 percent in January to a seasonally adjusted annual rate of $485.0 billion, according to McGraw Hill Construction, a division of McGraw Hill Financial. The downturn followed a healthy performance in December, which… Keep Reading

Dodge Momentum Index continues to climb

The Dodge Momentum Index, a monthly measure of the first report for nonresidential building projects in planning, rose 3 percent in January from the previous month, according to McGraw Hill Construction. The Momentum Index has been on a steady climb… Keep Reading

Firm: Construction starts climbed 6 percent in 2013

New construction starts in December grew 5 percent to a seasonally adjusted annual rate of $554.5 billion, according to McGraw Hill Construction, a division of McGraw Hill Financial. Although both nonresidential building and housing settled back during the final month… Keep Reading

Nonresidential, nonbuilding construction down

New construction starts in November fell 11 percent from the previous month, according to McGraw Hill Construction. The downturn followed heightened activity in October, which, according to the firm, showed the strongest pace for construction starts during 2013. Both nonresidential… Keep Reading

2014 State of the Industry

The industry is optimistic heading into the new year, and efforts are underway to lobby for an improved highway bill. Although the divide between the nation’s infrastructure needs and the funds available continues to widen, the overall economy is continuing… Keep Reading

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