nonresidential construction
March construction starts fall 1 percent
At a seasonally adjusted annual rate of $660.5 billion, new construction starts in March fell 1 percent with a 140 reading for the Dodge Index, reports Dodge Data & Analytics. In March, nonresidential building climbed 23 percent to $228.1 billion.… Keep Reading
New construction starts climb 10 percent
New construction starts in February advanced 10 percent compared to the previous month, according to Dodge Data & Analytics, producing a reading of 141 for the Dodge Index. The index was 129 in January. Much of the lift in February… Keep Reading
Dodge Momentum Index experiences February uptick
The Dodge Momentum Index climbed 0.5 percent in February to 126.1 from its revised January reading of 125.5, according to Dodge Data & Analytics. February’s increase was the third consecutive month-to-month gain for the index, as a 1 percent pickup… Keep Reading
Martin Marietta reports quarterly sales records
Martin Marietta Materials Inc., which released its fourth-quarter and 2015 year-end performance report, established quarterly company records for net sales and profitability. According to Ward Nye, chairman, president and CEO of Martin Marietta, strong pricing, disciplined execution of the company's… Keep Reading
New construction starts climb 13 percent
New construction starts in October advanced 13 percent to a seasonally adjusted annual rate of $591.1 billion, according to Dodge Data & Analytics. The increase follows the lackluster performance for construction starts during August and September, when activity fell to… Keep Reading
Construction recovery continues, though at slower pace
FMI Corp.’s Nonresidential Construction Index (NRCI) Report for the third quarter of 2015 shows the nonresidential construction sector slightly declining from 64.9 points in the second quarter of 2015 to 63.6 points. According to FMI, the index reflects the observations… Keep Reading
Martin Marietta boasts second quarter improvements
Martin Marietta Materials released the results for the second quarter. The company reported consolidated net sales of $850.2, a 41 percent increase compared to the second quarter of 2014. The aggregates product line volume increased 7.8 percent and the aggregates… Keep Reading
FMI report indicates growth in nonresidential construction
According to FMI’s Q2 2015 Nonresidential Construction Index Report (NRCI), the nonresidential construction sector has grown at a solid pace the past 18 months despite rising costs of construction materials and labor as well as a decline in regional economics… Keep Reading
Martin Marietta shares expectations for 2015
Nonresidential construction is expected to increase. Residential construction should continue to grow. Energy-related economic activity is anticipated to remain strong. And highway funding should remain stable. Taking these factors into account, Martin Marietta expects its business to increase this year… Keep Reading