Stay updated with breaking news from Dodge Construction. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
In a new Dodge Construction Network report, total construction starts rose 4% in May to a seasonally-adjusted annual rate of $979.5 billion. Nonresidential building starts rose 20%, while residential and nonbuilding starts declined 4% and 2%, respectively. In the first five months of...
Total construction starts rose 4 percent in May to a seasonally adjusted annual rate of $979.5 billion, according to Dodge Construction Network. Nonresidential building starts rose 20 percent.
The Dodge Momentum Index rose 7% in May to 176.2, up from the revised April reading of 165.2. The institutional component of the Index rose 9% and commercial planning rose 6%. May’s increase pushed the level of planning above the most recent cyclical high set in November 2021. Last month...
Construction industry news, trends and jobs for building professionals who want mobile-friendly content.
At this point, Dodge Chief Economist Richard Branch is not forecasting a recession for 2022, but he’s also not ruling it out. Details on equipmentworld.com