Sources: Dodge Data & Analytics, New York; CP staff
The 2019 Dodge Construction Outlook predicts that total U.S. construction starts will be $808 billion, essentially even with the $807 billion estimated for 2018. By major sector in dollar terms, residential building will be down 2 percent, nonresidential building will match its 2018 amount, and non-building construction will increase 3 percent.
“Building codes set the baseline for the safe design and construction of our homes, schools and workplaces, providing the minimum requirements to adequately safeguard the health, safety and welfare of occupants,” the Obama administration noted in a statement on last month’s Conference on Resilient Building Codes. The one-day, White House-hosted event dovetailed an announcement of actions across federal agencies overseeing or influencing building and nonbuilding construction: