Economic and pandemic uncertainty staggers construction comeback
Read MoreHAZY PROJECTION
Tag: Dodge Construction Outlook
SLIGHT WEAKENING
As economic growth staggers, construction takes a minor hit
Read MoreMoving Forward
A Trump administration may be a welcome development for the construction industry
Read MoreBenchmark forecast sees 6 percent growth in 2016 construction
Source: Dodge Data & Analytics, New York
A mainstay in industry forecasting and business planning, the Dodge Construction Outlook projects that total U.S. construction starts for 2016 will rise 6 percent to $712 billion, following gains of 9 percent in 2014 and an estimated 13 percent in 2015.
Read MoreDodge economist sees 9 percent gain in 2015 construction starts
Source: Dodge Data & Analytics, New York City
The 2015 Dodge Construction Outlook, a mainstay in industry forecasting and business planning, projects U.S. residential, nonresidential and nonbuilding work climbing to $612 billion next year, up from the $564 billion estimated for 2014 and high by recent historical standards.
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