Manufacturing propels construction starts forward
Dodge Construction Network says manufacturing starts skyrocketed 285 percent in August, driving total construction starts upward 6 percent.
Read MoreTag: nonresidential construction
How IIJA funds are flowing thus far
BMC Enterprises’ Nathan McKean shares his experience with Infrastructure Investment & Jobs Act (IIJA) projects while offering an outlook for residential and nonresidential construction.
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Nonresidential construction spending sees minimal growth in July
Private nonresidential spending increased 0.5 percent, while public nonresidential construction spending was down 0.4 percent in July, a net 0.1 percent gain for total nonresidential construction
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Nonresidential construction driving industry employment growth
The Associated Builders & Contractors report that the construction industry gained 22,000 jobs in August, with nonresidential construction accounting for 21,000.
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Nonbuilding, residential gains drive construction starts upward in July
Total construction starts gained 17 percent in July thanks, in part, to the start of a large LNG facility in Texas.
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What’s next for pricing of construction materials, equipment
The Associated Builders & Contractors’ Anirban Basu says construction materials prices should be reasonably stable in the coming months, but construction equipment prices might be an exception.
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Dodge Momentum Index dips in July
The Dodge Momentum Index declined declined 0.9 percent in July with the commercial component falling 0.2 percent and the institutional component dropping 1.9 percent.
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ABC: Nonresidential spending up, job openings down
Spending on nonresidential construction was up in June, while job openings were down according to Associated Builders & Contractors (ABC).
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Construction starts drop in June following May bump
Dodge Construction Network’s Richard Branch says the absence of mega projects is one reason why starts are up one month and down the next.
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