Tag: construction

  • Two-Plus Decades

    When you’re well established in your profession and start a new job in a new industry, it can be challenging for anyone; perhaps even more so when a woman starts a new career in a predominantly male industry. Imagine what it was like for a 25-year-old woman with just a couple years of professional experience,…

  • Lack of Skilled Labor, Rising Age of Workers Contribute to Increasing Worldwide Construction Costs

    Lack of Skilled Labor, Rising Age of Workers Contribute to Increasing Worldwide Construction Costs

    Four of the ten most expensive cities in which to construct buildings are in the United States, including the most expensive. Have a guess as to where it is? Construction around the world has become more expensive following the COVID-19 pandemic. Various factors contribute to the rising construction costs in cities, including the availability of…

  • Commercial and Multifamily Starts in Largest US Metro Areas Increase by 24 Percent

    The value of commercial and multifamily construction starts in the top 20 metropolitan areas of the U.S. increased by 24% from 2021 throughout the first six months of 2022, according to the Dodge Construction Network. Throughout the U.S., commercial and multifamily construction starts increased by 18% year-to-date. The number of commercial and multifamily starts in…

  • Stay Your Course

    We’re two weeks post GlassBuild America, and if there’s one thing we learned, you don’t need a big crowd of attendees to have a good show. The number of attendees and exhibitors was down compared to previous years, though not surprising given the ongoing global pandemic. However, even weeks before the event, I talked to…

  • More Construction Growth on Tap for 2018

    The commercial and institutional building segments are projected for further growth in 2018, while multifamily construction will continue to settle back, according to Dodge Data & Analytics’ new 2018 outlook report. Economist Robert Murray presents Dodge’s 2018 construction outlook Thursday in Chicago. Dodge chief economist Robert Murray presented the outlook Thursday at the 79th annual…

  • Dodge Momentum Index Dips in July

    The Dodge Momentum Index dropped 3.3 percent in July to 135.0 from its revised June reading of 139.6, according to Dodge Data and Analytics. The decline was due to a 6.6-percent decrease in the institutional component, while the commercial component fell 1.1 percent. The Momentum Index is a monthly measure of the first report for…

  • Glass-Related Construction Spending Continues to Grow

    Construction spending was mostly unchanged in May, but building segments that use large amounts of glass and glazing showed positive year-over-year gains, according to U.S. Census Bureau data. Nonresidential construction increased 0.3 percent to $714.3 billion at a seasonally adjusted annual rate from both the prior month and from May 2016. The office sector ticked…

  • Glass-Related Construction Ticks Down in April

    Construction spending in most glass-heavy building sectors declined in April, according to USGNN.com™ analysis of recently released U.S. Census Bureau data. Nonresidential and residential construction declined by 1.7 and 0.9 percent, respectively, from March to April on a seasonally adjusted, annualized basis. Overall construction was down 1.4 percent. Here’s how the six most glass-friendly segments…

  • Dodge Momentum Index Slows in April

    The Dodge Momentum Index fell 5.1 percent in April to 133.8 (2000=100) from its revised March reading of 140.9. April’s decline was due to a 12-percent drop for the institutional segment, while the commercial component rose just 0.1 percent. The index is a monthly measure of the first report for nonresidential building projects in planning,…

  • Glass-Related Construction Numbers Positive in March

    Construction in most building segments that use large amounts of glass retreated slightly in March from the prior month, but recorded strong gains year-over-year, according to USGNN.com™ analysis of U.S. Census Bureau data. The glass-happy office sector saw a 2.5-percent decline in construction from February to March, though it increased by 15.7 percent from the…