residential construction
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
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
June construction starts retreat 15 percent
New construction starts in June dropped 15 percent from the previous month to a seasonally adjusted annual rate of $620.2 billion, according to Dodge Data & Analytics. The decline followed an especially strong May, the company says. Nonbuilding construction in… Keep Reading
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
