Tag: Construction Starts

Business

Construction starts forecast to drop 4% in 2020 according to new Dodge Outlook

Construction starts will fall 4 percent in 2020 in the United States in an “orderly pullback,” but there will be no recession, forecasts Dodge Data & Analytics. The firm’s 2020 Construction Outlook, released today, cites trade fights and a labor shortage as the main causes for the construction decline. The decline, however, will be nothing […]

October 31, 2019

Business

U.S. construction starts to be flat in 2019 while another recession looms

Get details on the construction industry's forecast and outlook going into the new year. See what to expect and get other heavy equipment industry news here.

October 31, 2018

Business

Jan. construction starts slip 2%, pulled by 18% nonbuilding construction dip

Following December’s 13-percent hike, the value of new construction starts in January slipped 2 percent to a seasonally adjusted annual rate of $725.9 billion, according to Dodge Data & Analytics. In addition, the Dodge Index for January was 154, compared to December’s revised 156 and November’s 138. There were several contrasts to the December results. […]

February 22, 2018

Dealers

Business Roundup: Liebherr sees orders jump; Tax overhaul a mixed bag for dealers; Proposed AWP standards would affect rentals; Dealer Institute course on managing iron; New Atlas Copco VPs; Construction starts predicted to rise

Liebherr sees “significant” jump in orders; uses start-up culture to launch products Liebherr says it will add 2,240 employees by the end of this year, seeing what Stefan Heissler, member of the board of directors of Liebherr-International AG, calls a “very significant jump in orders” in 2017. In the first six months of 2017, Liebherr […]

November 7, 2017

Business

It’s getting optimistic out there: Reader poll finds jump in planned equipment purchases, rentals

In these days of delayed infrastructure spending, Congressional one-upmanship and multiple Category 5 hurricanes, it was great to get some good news. The good news came from our latest Reader Profile survey, where more than 220 respondents from our print and newsletter audiences showed unprecedented renting and buying intentions. In the next 12 months, 44 […]

November 6, 2017

Business

Construction starts predicted to rise 3% in 2018

Total U.S. construction starts will grow 3 percent next year as the industry moves into “a mature stage of expansion,” according to the 2018 Dodge Construction Outlook. The pullback will continue in areas of multifamily and hotel construction starts. The increase will be led by continued growth in single-family houses, warehouses and office buildings. A […]

November 3, 2017

Business

Home starts fall 9% in March as builder confidence holds steady

With sizable drops on the start of construction of both single-family and multifamily homes in March, total U.S. home starts fell 8.8 percent for the month. The seasonally adjusted annual rate of starts fell to 1.089 million, according to preliminary data from the Commerce Department, but remain up 14.2 percent over the March 2016 figure. Single-family […]

April 19, 2016

Roadbuilding

Highway and bridge construction starts climb 27 percent

The value of new construction starts dipped four percent in October to a seasonally adjusted annual rate of $589.8 billion. According to Dodge Data & Analytics, the decline followed a 10 percent increase reported in September, which was the strongest month for total construction starts thus far this year. However, highway and bridge construction starts saw […]

November 25, 2014

Business

Home starts dip 2.8% in October as builder confidence clicks back up

U.S. home starts fell 2.8 percent in October to a seasonally adjusted annual rate of 1.009 million, according to preliminary data from the Commerce Department. The latest report also revised the September rate upward from 1.017 million to 1.038 million. Home starts in the U.S. are now up 7.8 percent over October 2013. For the last […]

November 19, 2014

Roadbuilding

Highway and bridge construction starts on the rise in September

New construction starts rose 10 percent in September to a seasonally adjusted annual rate of $604.1 billion, according to McGraw Hill Construction. The increase followed an up-and-down pattern during the previous two months, and brought activity to its highest level so far during 2014. Nonbuilding construction saw a 38 percent increase at $162.9 billion with the electric […]

October 20, 2014

Business

Nonresidential construction starts fall 19.5% during July as builder outlook shrinks due to increased labor, materials costs

Following an “exceptionally strong” June, the dollar value of nonresidential construction starts fell 19.5 percent during July, according to data gathered by Reed Construction Data. “A surge of project authorizations at the beginning of summer has been followed by a significant retreat,” says Reed chief economist Alex Carrick. “The latest month was a return to […]

August 20, 2014

Business

Housing starts up 0.9% as decreases in apartment starts, permits detract from single-family performance

Following a few months of ups and downs, U.S. construction starts on new homes are showing signs of stabilizing a bit with a second consecutive month of gains in August. New home starts rose 0.9 percent in August to a seasonally adjusted annual rate of 891,000, according to preliminary data from the Commerce Department on […]

September 18, 2013