Page 17 - Dodge Data News Today

After COVID: Dallas ranks second in the U.S. for commercial development Steve Brown, The Dallas Morning News © Tom Fox/The Dallas Morning News/The Dallas Morning News/TNS 2020 was full of surprises for the Dallas real estate sector - not all of them good. While the COVID-19 pandemic has slowed building activity in North Texas, the Dallas area has been ranked as the country’s second most favorable market for new development and commercial construction. Only Atlanta rated hig...

After COVID: Dallas ranks second in the U.S. for commercial development potential Houston and Austin also landed on CBRE’s top markets for future development opportunities. 2020 was full of surprises for the Dallas real estate sector - not all of them good.(Tom Fox / Staff Photographer) While the COVID-19 pandemic has slowed building activity in North Texas, the Dallas area has been ranked as the country’s second most favorable market for new development and commercial construction. Only At...

5 at 5: Your Daily Digest for Real Estate Investing, 1/26/21 Marc Rapport © Provided by Millionacres 5 at 5: Your Daily Digest for Real Estate Investing, 1/26/21 A growing crisis in delinquent rents, construction starts down in 2020, Texas leads list of multifamily bright spots, and get ready for the Sears swan song. In Todays News The typical delinquent renter now owes $5,600, being nearly four months behind on their monthly payment, according to a new analysis cited by CNBC...

HAMILTON, NJ - Total construction starts lost 5% in December, falling to a seasonally adjusted annual rate of $784.3 billion. Nonresidential building starts fell 11% during the month, while nonbuilding starts were 5% lower. Residential starts were essentially flat over the month. Starts were lower in three of the four regions in December; the South Central was the only region to post an increase. For the full year, total construction starts fell 10% to $766.3 billion. Nonresidential building st...

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-23% -18.7% Spending forecast for 2021 relative to 2019 peak Information is based on projections from the Dodge Construction Outlook 2021 from Dodge Data & Analytics. Read the complete Glass Magazine Annual Forecast in the January/February edition. The 2021 commercial construction outlook 2020 was rough for commercial construction. It was difficult to find much good news in the commercial construction sector in 2020. Commercial construction starts dropped an estimated 23 percent to $107 billion...

1/15/2021 08:38:00 AM On a monthly basis, retail sales decreased 0.7 percent from November to December (seasonally adjusted), and sales were up 2.9 percent from December 2019. From the Census Bureau report: Advance estimates of U.S. retail and food services sales for December 2020, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $540.9 billion, a decrease of 0.7 percent from the previous month, but 2.9 percent above December 2019. Total...

The Dodge Momentum Index jumped 9.2% in December to 134.6 (2000=100) from the revised November reading of 123.3. 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. The commercial component of the Momentum Index rose 14.0%, while the institutional component rose by 0.3%. The gain in the commerci...

Mondays Daily Pulse | 12/28/2020 Florida exceeds more than 21,000 COVID-19 deaths With more than 1,000 reported deaths in less than two weeks, the number of Florida residents who have died of COVID-19 exceeded 21,000 on Saturday, according to the state Department of Health. The department’s website showed 21,135 residents have died since the pandemic started. Also, 302 non-residents have died in Florida. The number of resident deaths increased by 140 from a Thursday count, as the department ...

Who said that? | 12/28/2020   --Eric Newman, third-generation president of J.C. Newman Cigar Company. J.C. Newman Cigar Company, which runs Tampa’s last cigar factory, celebrated its 125th birthday this year. But rather than ask for presents, the nation’s oldest family-owned cigar company is giving gifts. The J.C. Newman Cigar Museum  recently opened in their Ybor City factory at 2701 N. 16th St. and offers guided 90-minute tours of an operation that produces 12 million cigars a year. ...