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Trends
Through Three Quarters, Glass-Related Spending Still Rising
Construction spending continues to increase in building segments that use large amounts of glass, according to the latest U.S. Census Bureau data. While nonresidential construction as a whole decreased slightly through the first three quarters, it was dragged down by … Continue reading
Momentum Index Jumps in October
The Dodge Momentum Index climbed 13.2 percent to 130.9 in October. The increase nearly reversed the decline of the past four months, with October posting healthy gains in both sectors. The index is a monthly measure of the first (or … Continue reading
GDP Growth a Positive Sign for Construction
The U.S. economy grew at an annual rate of 3 percent during the third quarter of 2017, according to Associated Builders and Contractors’ (ABC) analysis of gross domestic product (GDP) data. Nonresidential fixed investment, a category that ABC says is … Continue reading
Posted in Today's News, Trends Tagged ABC, Associated Builders and Contractors, Construction, GDP, gross domestic product Leave a comment
Nonresidential Leads September Construction Surge
The value of new construction starts in September jumped 14 percent from August to a seasonally adjusted annual rate of $814.8 billion, according to Dodge Data & Analytics. Nonresidential building led the way with a 37-percent spike. Residential building in … Continue reading
Posted in Today's News, Trends Tagged Construction, Dodge Data & Analytics, New construction starts Leave a comment
Most Metro Areas Add Construction Jobs
Construction employment increased in 274 out of 358 metro areas from August 2016 to August 2017, decreased in 52 and stagnated in 32, according to analysis of federal employment by the Associated General Contractors of America. “While many firms’ efforts … Continue reading
