Dodge: Construction starts jump, pipeline strong
Dodge: Construction starts jump, pipeline strong
Commercial building grows despite supply chain issues, the war in Ukraine and rising inflation, but a recession would slow that growth, an economist said.
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Commercial building grows despite supply chain issues, the war in Ukraine and rising inflation, but a recession would slow that growth, an economist said.
Commercial building grows despite supply chain issues, the war in Ukraine and rising inflation, but a recession would slow that growth, an economist said.
The manufacturing sector saw the most significant spike year-to-date, according to the firmβs latest report.
The post Building Construction Starts Gain Momentum: Dodge appeared first on Commercial Property Executive.
The manufacturing sector saw the most significant spike year-to-date, according to the firmβs latest report.
The post Building Construction Starts Gain Momentum: Dodge appeared first on Commercial Property Executive.
Dive Brief:
Total construction starts increased 48% in July to a seasonally adjusted annual rate of $1.36 trillion despite speculation of a recession, according to Dodge Data & Analytics.
The increase was largely driven by the 79% jump in nonresidential building starts and the 120% increase in nonbuilding starts,Β according to the report.
That significant jump in construction activity βis another indicator that the U.S. is not currently in a recession,β said Richard Branch, chief economist ...
Dive Brief:
Total construction starts increased 48% in July to a seasonally adjusted annual rate of $1.36 trillion despite speculation of a recession, according to Dodge Data & Analytics.
The increase was largely driven by the 79% jump in nonresidential building starts and the 120% increase in nonbuilding starts,Β according to the report.
That significant jump in construction activity βis another indicator that the U.S. is not currently in a recession,β said Richard Branch, chief economist ...
Dive Brief:
Total construction starts declined 9% in August to a seasonally adjusted rate of $1.25 trillion, according to a Dodge Data & Analytics report.
The drop in starts follows a 48% spike in July that included the start of three large manufacturing plants and two LNG export facilities, according to the report.
Despite the decrease in starts, the industry remains in a βvery good positionβ to continue modest growth, but higher interest rate hikes may undo this support in the coming mont...
Dive Brief:
Total construction starts declined 9% in August to a seasonally adjusted rate of $1.25 trillion, according to a Dodge Data & Analytics report.
The drop in starts follows a 48% spike in July that included the start of three large manufacturing plants and two LNG export facilities, according to the report.
Despite the decrease in starts, the industry remains in a βvery good positionβ to continue modest growth, but higher interest rate hikes may undo this support in the coming mont...
The underlying trend is evident despite higher costs and shortages of skilled labor.
The post Dodge Construction Data Points to Recovery appeared first on Commercial Property Executive.
The underlying trend is evident despite higher costs and shortages of skilled labor.
The post Dodge Construction Data Points to Recovery appeared first on Commercial Property Executive.
Carbon zero business booms after acquisition by Premier Modular
Carbon zero business booms after acquisition by Premier Modular
Dive Brief:
The Dodge Momentum Index, a benchmark that measures nonresidential building planning, increased 5.7% in September largely due to an influx of data center and education construction, according to Dodge Data & Analytics.
The September reading landed less than 5% below an all-time high, the latest sign of the construction industry dismissing recession fears, said David Reaves, Dodge senior economist.
βThe gain in the momentum index and its components in September reassures us that de...
Dive Brief:
The Dodge Momentum Index, a benchmark that measures nonresidential building planning, increased 5.7% in September largely due to an influx of data center and education construction, according to Dodge Data & Analytics.
The September reading landed less than 5% below an all-time high, the latest sign of the construction industry dismissing recession fears, said David Reaves, Dodge senior economist.
βThe gain in the momentum index and its components in September reassures us that de...
Latest accounts for the year to March 2022 show pre-tax profit surged ahead 54% to Β£19m on revenue up 18% to Β£948m. This helped to lift group margin from 1.5% to 2%. Each business unit within John Graham Holdings, comprising of building, civil engineering, interior fit-out, facilities management and investment projects, remained profitable. Graham started the current financial year with a record work pipeline of Β£1.9bn and Β£127m cash at bank, up from Β£119m over the year. Andrew Bill, Gra...
Latest accounts for the year to March 2022 show pre-tax profit surged ahead 54% to Β£19m on revenue up 18% to Β£948m. This helped to lift group margin from 1.5% to 2%. Each business unit within John Graham Holdings, comprising of building, civil engineering, interior fit-out, facilities management and investment projects, remained profitable. Graham started the current financial year with a record work pipeline of Β£1.9bn and Β£127m cash at bank, up from Β£119m over the year. Andrew Bill, Gra...
Cost management is key to ensuring construction projects stay on budget and on schedule. Yet many projects, as many as 33% come in over budget, as reported in the Construction Cost Management Report by Dodge Data & Analytics (Dodge). Surveyed contractors note that even among their best-performing projects, one out of five does not meet [β¦]
The post Key Takeaways from Construction Cost Management Report by Dodge appeared first on Digital Builder.
Cost management is key to ensuring construction projects stay on budget and on schedule. Yet many projects, as many as 33% come in over budget, as reported in the Construction Cost Management Report by Dodge Data & Analytics (Dodge). Surveyed contractors note that even among their best-performing projects, one out of five does not meet [β¦]
The post Key Takeaways from Construction Cost Management Report by Dodge appeared first on Digital Builder.
Dive Brief:
Nonresidential construction planning dipped in August, providing a further sign that rising interest rates and fear of a pending recession is stalling upcoming projects.
The Dodge Momentum Index, which broadly measures activity in the planning stages for new nonresidential building projects and leads spending in the sector by a full year, fell 1.2% in August. It was weighed down by a 5.2% decline in the institutional sector, which includes education, healthcare, transportation and ...
Dive Brief:
Nonresidential construction planning dipped in August, providing a further sign that rising interest rates and fear of a pending recession is stalling upcoming projects.
The Dodge Momentum Index, which broadly measures activity in the planning stages for new nonresidential building projects and leads spending in the sector by a full year, fell 1.2% in August. It was weighed down by a 5.2% decline in the institutional sector, which includes education, healthcare, transportation and ...