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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 transportation initiatives, including funding for roads, electric vehicle incentives and charging s...

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 increase in institutional projects that entered the planning stage, and which came on the heels of ...

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 Even before the coronavirus pandemic, modular construction suffered from lingering and generally outdated recollections of cheap prefab components or the early days of the mobile home industry, according to builders who use the technique effectively. Then the pandemic hit, ...

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