New construction starts decline in October 2019
The October statistics lowered the Dodge Index to 147, compared to 166 in September, according to Dodge Data & Analytics.
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Dodge: Economic slowdown to impact construction growth
Fortunately, one outlier in the equation is public works construction, which Dodge Data & Analytics expects to move 4 percent higher in 2020.
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New construction starts drop 5 percent in September 2019
This marks the second consecutive monthly decline in construction starts, following a 6 percent pullback in August, Dodge Data & Analytics reports.
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Dodge Data: Construction starts down 6 percent in August 2019
A drop in public works construction following a strong July breaks a three-month string of total construction gains.
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Dodge’s Murray retires, successor named
Robert Murray, the longstanding chief economist and vice president at Dodge Data & Analytics, retired at the end of August.
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