Robert Murray
Near double-digit growth forecast for construction
McGraw-Hill Construction predicts total U.S. construction starts for 2014 to rise 9 percent to $555.3 billion. McGraw-Hill Construction made the prediction as part of its 2014 Dodge Construction Outlook. The organization forecasted a 5 percent increase to $508 billion for… Keep Reading
August construction rises 2 percent
New construction starts in August advanced 2 percent compared with July, according to McGraw-Hill Construction. According to the firm, nonbuilding construction rebounded after momentum was lost in July. At the same time, McGraw-Hill Construction says nonresidential building retreated from an… Keep Reading
July construction recedes
New construction starts in July decreased 2 percent to a seasonally adjusted annual rate of $479.1 billion, according to McGraw-Hill Construction. July statistics lowered the Dodge Index to 101, down from a revised 103 for June. The nonbuilding construction sector,… Keep Reading
Housing still leading upturn in construction starts
New construction starts are forecasted to rise 6 percent this year to $506 billion, according to McGraw-Hill Construction. This is the same increase rate for total construction starts that was predicted last October, and this follows the 8 percent gain… Keep Reading
Construction drops slightly in June
New construction starts in June receded 1 percent to a seasonally adjusted annual rate of $489.5 billion, according to McGraw-Hill Construction. As a result, construction start stats produced a Dodge Index reading of 104 – down one point from May.… Keep Reading
Nonresidential building carries new construction starts in May
New construction starts in May advanced 5 percent from April, according to McGraw Hill Construction. Much of the upward lift came from nonresidential building, which registered moderate growth for the second straight month after a sluggish performance at the outset… Keep Reading
