new construction
2014 construction put in place to end on high note
According to FMI’s Q4 Construction Outlook, total construction put in place (CPIP) for 2014 will be $62 billion greater than last year, which is a 7 percent increase. The outlook also reports that CPIP should finish around $972 billion this… Keep Reading
Signs positive for growth in construction
FMI offered predictions for various construction markets this year upon releasing its Q1-2014 Construction Outlook. FMI predicts an 8 percent overall increase in construction-put-in-place for 2014, and the firm is anticipating continued growth over the next few years. Transportation, for… 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
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
Firm: Political infighting, uncertainty slowing nonresidential construction
FMI, a management consulting and investment-banking firm with an index that measures nonresidential construction growth, released its latest report that shows a 2.9-percent fourth-quarter drop for the category. FMI gave the fourth quarter a score of 57.4 on its Nonresidential… 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
Report: January construction starts retreat by double digits
The value of new construction starts dropped 12 percent in January to a seasonally adjusted annual rate of $469.1 billion, according to McGraw-Hill Construction. The decline follows a sharp 23 percent increase for total construction in December, bringing the level… Keep Reading
Construction-put-in-place expected to top $1 trillion in 2014
With construction put in place (CPIP) at the end of 2012 expected to be between $826 and $884 billion, researchers at FMI are predicting CPIP growth rates to be slightly ahead of GDP in 2013 and 2014. This would place… Keep Reading
