nonbuilding
FMI forecast revised to incorporate more potential growth
Construction activities are forecasted to grow at 6 percent through 2015, up from a second-quarter forecast of 5 percent, according to the latest FMI construction outlook. Construction growth is not only predicted to rise this year, but it is expected… Keep Reading
Firm scales back 2015 construction outlook
Construction activities are expected to grow at 5 percent this year, FMI Corp. reports, leveling off from a previous forecast of 8 percent that the firm produced. Although the new prediction is significantly lower than last quarter, FMI reports that… Keep Reading
Firm: November year’s strongest month for nonresidential building plans
The Dodge Index, a monthly measure of the first report for nonresidential building projects in planning, increased 13 percent in November from the previous month, according to Dodge Data & Analytics. The November increase brings the momentum index to 143,… Keep Reading
October construction starts fall 4 percent
According to Dodge Data & Analytics, the value of new construction starts fell 4 percent in October to a seasonally adjusted annual rate of $589.8 billion, lowering the Dodge Index to 125. October’s construction starts dropped 6 percent from September,… Keep Reading
Highway and bridge construction rises in August
According to McGraw Hill Construction, new construction starts in August dropped nine percent, bringing construction activity back to its normal pace after July’s boost in energy-related manufacturing projects. Despite this fact, both highway and bridge construction experienced gains in the… Keep Reading
