McGraw-Hill Construction
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
Index reflects promise for nonresidential building
The Dodge Momentum Index measuring the first report for nonresidential building projects in planning advanced 2.9 percent in September to 118.3, according to McGraw-Hill Construction. After a brief pause in June, the momentum index resumed its upward trend in the… Keep Reading
August construction rises 2 percent
New construction starts in August advanced 2 percent compared with July, according to McGraw-Hill Construction. According to the firm, nonbuilding construction rebounded after momentum was lost in July. At the same time, McGraw-Hill Construction says nonresidential building retreated from an… Keep Reading
July construction recedes
New construction starts in July decreased 2 percent to a seasonally adjusted annual rate of $479.1 billion, according to McGraw-Hill Construction. July statistics lowered the Dodge Index to 101, down from a revised 103 for June. The nonbuilding construction sector,… 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
Nonresidential building projects moving at a steady pace
The Dodge Momentum Index, a monthly measure of the first report for nonresidential building projects in planning, held steady in July compared to the previous month, according to McGraw-Hill Construction. The index inched up 0.2 percent in July to 112.8.… Keep Reading
Construction drops slightly in June
New construction starts in June receded 1 percent to a seasonally adjusted annual rate of $489.5 billion, according to McGraw-Hill Construction. As a result, construction start stats produced a Dodge Index reading of 104 – down one point from May.… 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