Residential rebound on hold
After a down 2022, Dodge Construction Network’s Richard Branch says single-family construction starts should bounce back in the latter half of 2023.
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Dodge: Total construction starts down in September
In September, nonresidential building starts dropped 23 percent, residential starts fell 11 percent and nonbuilding starts declined 25 percent.
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Commercial, multifamily construction starts up on the year
Unfortunately, Dodge Construction Network chief economist Richard Branch says starts could stall as 2023 gets underway.
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Dodge: Total construction starts down in June
Dodge Construction Network reports that total construction starts were down 5 percent in June, despite gains in nonbuilding construction starts.
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Dodge: Construction starts up 4 percent in May
Total construction starts rose in May to a seasonally adjusted annual rate of $979.5 billion, according to Dodge Construction Network.
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Dodge: Construction starts up 3 percent in April
Total construction starts rose last month, with nonresidential and residential building starts growing and nonbuilding falling.
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Dodge: Total construction starts decline in March 2022
Despite the dip following a strong February, Dodge Construction Network says there is still plenty of optimism for 2022 overall.
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Dodge Momentum Index up in March 2022
The Dodge Momentum Index was up 4 percent last month to 166.9, according to Dodge Construction Network.
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Dodge: Construction starts up 9 percent in February
Dodge Construction Network says large manufacturing projects broke ground in February, offsetting weakness elsewhere, as construction starts grew.
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