Source: Dodge Data & Analytics, New York
The 2017 Dodge Construction Outlook sees total U.S. construction starts for 2017 advancing 5 percent to $713 billion, following increases of 11 percent in 2015 and an estimated 1 percent this year. Projected 8 percent gains for both residential and nonresidential building next year will accompany an expected 3 percent drop in nonbuilding construction.
Read MoreSource: Dodge Data & Analytics, New York
The 78th annual Dodge Construction Outlook Executive Conference is set for October 19-20 at the Gaylord National Resort and Convention Center in National Harbor, Md., culminating in Dodge Data & Analytics Chief Economist Robert Murray’s presentation of the 2017 forecast, a leading benchmark.
Read MoreSources: U.S. Green Building Council, Washington, D.C.; CP staff
Dodge Data & Analytics’ World Green Building Trends 2016 SmartMarket Report, compiled from surveys tracking nearly 70 countries, finds global green building volume is doubling every three years. Authors see expansion continuing in the United States, Germany and United Kingdom, but emerging economies like Brazil, India, Saudi Arabia and South Africa representing growth engines—their development activity trending two- to six-fold over current green building levels.
Read MoreSource: 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 MoreSource: Dodge Data & Analytics, New York
Total construction starts on an unadjusted basis reached $336 billion during the first six months of this year, up 23 percent from the same period in 2014, Dodge Data & Analytics reports. Excluding electric utility and gas plant category activity, figures for the first half of 2015 would be up a more moderate 11 percent from the same period a year ago.
Read MoreSource: 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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