Construction starts step back in September 2020
Total construction starts dipped 18 percent in September to a seasonally adjusted annual rate of $667.7 billion, essentially taking back August’s gain.
Read MoreTag: Richard Branch
Is the 2020 recession technically over?
Richard Branch, chief economist at Dodge Data & Analytics, says yes and explains why this is the case. Branch also offers a look ahead to what the nation’s economic recovery could look like.
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Construction starts lose ground in July 2020
Building starts were on the rise, Dodge Data & Analytics says, but nonbuilding starts moved lower during the month.
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Why the nature of commercial construction is changing
Dodge Data & Analytics’ Richard Branch offers a look ahead in commercial construction while sharing two indicators for the greater construction market that he’ll be keeping an eye on in the weeks to come.
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Branch: Although the recession is ‘over,’ the recovery will present obstacles
Dodge Data & Analytics’ Richard Branch explains why ‘optimism’ is kind of a strong word to describe how he feels about the road ahead.
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What’s happening with public works projects?
Although Dodge Data & Analytics initially projected a 4 percent increase in public works construction for 2020, the firm is downgrading its forecast for this sector for the remainder of the year.
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Dodge Data: Construction starts down significantly in first half of 2020
Construction starts in the commercial and multifamily categories were down 22 percent through the first six months of the year, Dodge Data & Analytics reports, and only two of the top 20 metro areas saw construction starts go up.
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Redefining ‘recession’ and the case that it’s already over
A National Bureau of Economic Research committee strayed within recent weeks from the textbook definition of ‘recession,’ arguing that one began in March of this year. Dodge Data & Analytics’ Richard Branch offers some perspective on the committee’s rationale.
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