Page 14 - Dodge Data News Today

April 22, 2021 Total construction starts rose 2 percent in March to a seasonally adjusted annual rate of $825.3 billion, according to Dodge Data & Analytics. A solid gain in nonresidential building starts fueled the March gain. The Dodge Index rose 2 percent in March, to 175, 2000=100, from February’s 172. Regionally, March’s starts rose in the West, South Central, and Northeast regions, but fell in the Midwest and South Atlantic regions. “The March increase in construction starts is ...

Wed April 21, 2021 - National Edition #9 Lucy Perry – CEG CORRESPONDENT A survey of civil contractors found that many are concerned with the rising costs of construction materials, chiefly lumber, steel, concrete and piping. The good news: Construction project bottlenecks are loosening, work is ramping up and the industry can start to breathe a general sigh of relief. The bad news: The cost of construction materials is going through the roof. A spring survey of civil contractors found th...

HAMILTON, NJ - Total construction starts rose 2% in March to a seasonally adjusted annual rate of $825.3 billion, according to Dodge Data & Analytics. A solid gain in nonresidential building starts fueled the March gain, while growth in residential starts was minuscule and nonbuilding starts fell outright. The Dodge Index rose 2% in March, to 175 (2000=100) from February’s 172. “The March increase in construction starts is certainly welcome news following the past three months of decline,�...

April 20, 2021 Dodge Data & Analytics and The Blue Book Building & Construction Network announced that they are combining their businesses in a merger. Dodge’s owner, Symphony Technology Group, a private equity firm focused exclusively on business-to-business data, software and analytics companies, facilitated the transaction. Dodge and The Blue Book have each served the construction industry for more than 100 years, and the combined expertise and capabilities of both companies will give...

Dodge Data & Analytics Announces Merger with The Blue Book Building & Construction Network The combined entity will give current and prospective customers access to a leading platform for data insight, market intelligence, firm discovery and networking. April 19, 2021 Dodge Data & Analytics (“Dodge”) and The Blue Book Building & Construction Network (“The Blue Book”) announce that they are combining their businesses in a merger. Dodge’s owner, Symphony Technology Group (STG) – a...

Construction is expected to continue to improve but headwinds in the form of material prices could prove a drag on industry growth.

NH Business Review Even a smaller package would have ‘immediate and positive effect on construction starts, economist says April 14, 2021 If enacted in whole, President Biden’s nearly $2 trillion infrastructure and job growth initiative, the American Jobs Act would have a profound impact on the economy, and the construction sector in particular. The plan is expansive and its direct construction-related portion accounts for roughly half of the total. The proposal sets aside $621 billion for ...

April 13, 2021 The Dodge Momentum Index moved 1.7 percent higher in March to 151.4 (2000=100) from the revised February reading of 148.8. The Momentum Index, issued by Dodge Data & Analytics, is a monthly measure of the first, or initial, report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year. According to the March data, the Index hit its highest level since the summer of 2018 as a result of an...

As a cost- and time-saving technique, modular construction has long had a great future ahead of it. Arguably, it still does, with off-site manufacturing of essential building components a useful strategy for some projects in a time of projected construction labor shortages and higher material costs. Yet obstacles remain. Even before the coronavirus pandemic, modular construction suffered from lingering and generally outdated recollections of cheap prefab components or the early days of the mo...

Press release content from Business Wire. The AP news staff was not involved in its creation.