Tag: residential construction

Dodge Construction Network says a growing backlog is supporting positive momentum for construction starts. Photo: ablokhin/iStock / Getty Images Plus/Getty Images

Nonbuilding, residential gains drive construction starts upward in July

August 16, 2023By

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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Martin Marietta rides pricing gains to second-quarter records

July 31, 2023By

Effective price management once again played a role in the company’s performance, with Martin Marietta elevating aggregate pricing nearly 19 percent.

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Construction starts drop in June following May bump

July 21, 2023By

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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Financing projects today is more challenging for small businesses because of a higher cost of capital. Photo: Olegda88/iStock / Getty Images Plus/Getty Images

Impacts the industry may feel in the coming months

July 20, 2023By

Ben Johnston, the COO of a small business financing company, details what he’s watching as the rest of 2023 unfolds.

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Health care construction starts should be healthy over the next two years, with Dodge Construction Network forecasting 10 percent growth in 2023 and 11 percent growth in 2024. Photo: Thomas Bullock/iStock / Getty Images Plus/Getty Images

Forecasting construction in the months ahead

June 29, 2023By

Dodge Construction Network’s Sarah Martin projects how markets will fare in the second half of 2023 and into 2024.

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Nonbuilding construction starts were up 24 percent in April compared to a year earlier, according to Dodge Construction Network. Photo: ThamKC/iStock / Getty Images Plus/Getty Images

Construction market remains resilient despite challenges

June 22, 2023By

Although labor shortages and rising interest rates still pose challenges, economists from several agencies explain that in most areas the industry continues to thrive.

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Dodge: Construction starts increase in May

June 20, 2023By

Total construction starts rose 8 percent in May to a seasonally adjusted annual rate of $1.11 trillion, according to Dodge Construction Network.

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Over the past 75 days, FMI Capital Advisors’ Construction Materials Index (CMI)* has outperformed the “general market” by more than 15 percent.

How construction materials firms are faring versus the ‘general market’

June 5, 2023By , and

FMI Capital Advisors’ Construction Materials Index illustrates how the industry has been on a good run over the last two and a half months.

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Dodge Construction Network’s Richard Branch says residential construction starts increased for two consecutive months – something not seen for more than a year. Photo: jhorrocks/E+/Getty images

What to expect in the coming months for construction

May 17, 2023By

Despite ongoing economic pressures, the construction industry remains strong through four-plus months of 2023.

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