residential construction
FMI Q2 Construction Outlook forecasts 5 percent growth
According to FMI Corp.’s Q2 Construction Outlook, construction activities are expected to grow at 5 percent in 2015, a decrease from the Q1 2015 outlook’s 8 percent forecast. Despite this, the Q2 outlook reports the highest total for construction put… Keep Reading
March construction falls, 2015 construction up
According to Dodge Data & Analytics, new construction starts in March fell 13 percent from February to a seasonally adjusted annual rate of $633.3 billion with a Dodge Index of 134. The fallback can be attributed to decreased activity in… 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
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
Nye expects additional economic growth for Martin Marietta in 2014
Ward Nye, president and CEO of Martin Marietta Materials Inc., offered a positive industry outlook for 2014 upon the release of his company's fourth quarter results. "We are encouraged by various positive trends in our business and markets, especially in… Keep Reading
Nonresidential market drives Martin Marietta’s fourth quarter
Martin Marietta Materials Inc.'s nonresidential and residential aggregates product line shipments experienced double-digit volume growth in the fourth quarter last year, driving a 67 percent increase in earnings per diluted share over the company's 2012 fourth quarter. In addition, Martin… 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
FMI still sees 2014 construction growth, yet its forecast is tapered
FMI forecasted growth in both residential and commercial construction for 2014 upon releasing its third-quarter construction outlook, but the management consulting and investment banking organization reined in its expectations based on recent market developments. As part of its Q3-2013 Construction… Keep Reading
Report: Asphalt demand to rise each year through 2017
Demand for asphalt in the United States is forecasted to increase 3.7 percent annually to 27.9 million tons in 2017, according to a Freedonia Group Inc. report. Demand is expected to advance from its low 2012 base, spurred by growth… Keep Reading
