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Nonresidental Construction Project Planning Momentum Hits Highest Level Since Start of COVID-19 Pandemic - Vimarsana News

Nonresidental Construction Project Planning Momentum Hits Highest Level Since Start of COVID-19 Pandemic

Dodge Data & Analytics The Dodge Momentum Index – a monthly measure of the first (or initial) report for nonresidential building projects in planning issued by Dodge Data & Analytics – has been on a roller coaster ride since its steep tumble at the start of the COVID-19 pandemic in early 2020, albeit trending steadily back upward throughout the year. Now, after jumping 9.2% in 2020's final month, it is starting 2021 on a positive note, with a 3.1% increase, rising to 139.4 (2000=100) from the revised December reading of 135.2. Nonresidential building projects in planning serve as ...

Twin Cities construction plunged again in December - Vimarsana News

Twin Cities construction plunged again in December

Total building starts were down 27% in December, but residential was up 2%.

Housing starts kept D-FW as a top building market in 2020 - Vimarsana News

Housing starts kept D-FW as a top building market in 2020

Housing starts kept Dallas-Fort Worth as one of nation’s top building markets in 2020 North Texas was second only to New York with almost $24 billion in new construction. Residential building starts rose 11% in the D-FW area in 2020.(Vernon Bryant / Staff Photographer) A surge in residential building kept North Texas near the top of the list of the country’s biggest construction markets in 2020. The Dallas-Fort Worth area saw a total $23.7 billion in construction starts last year – both residential and commercial, according to Dodge Data & Analytics. That was only a 1% decline from 2019...

2021 State of Construction Industry: A Forecast for Uncertain Times - Vimarsana News

2021 State of Construction Industry: A Forecast for Uncertain Times

2021 will be an unpredictable year for the construction industry with some segments outperforming others. January 26, 2021 Nothing about 2020 fell within the realm of business as usual. It seems like there were surprises around every corner and the best prepared business plans were quickly laid to waste as contingency plans were hastily put in place to deal with one crisis after another. While the uncertainty of the 2020 election cycle is finally settled, and there are a couple of vaccines approved to combat the continuing COVID-19 pandemic, there is still plenty of uncertainty that makes it ...

COVID-19 took a toll on Dallas-Fort Worth's construction starts in 2020 - Vimarsana News

COVID-19 took a toll on Dallas-Fort Worth's construction starts in 2020

COVID-19 took a toll on Dallas-Fort Worth’s construction starts in 2020 But North Texas still ranked fourth nationally for commercial and apartment building. More than half of U.S. construction firms say they expect it will take six months or longer for the industry to recover.(Vernon Bryant / Staff Photographer) D-FW landed in fourth place, even with a 20% decline in starts from 2019 totals. North Texas trailed New York City, Washington, D.C. and Los Angeles in the annual construction survey by Dodge Data & Analytics. The D-FW area’s commercial building and apartment start total for 2020...