Dodge Construction Network: Construction Starts Grew 16% in June

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Total construction starts were up 16% in June to a seasonally adjusted annual rate of $1.33 trillion, according to Dodge Construction Network. Nonresidential building starts improved by 39%, residential starts fell 1%, and nonbuilding starts grew 2% over the month. On a year-to-date basis through June, total construction starts were up 1% from last year. Nonresidential starts were up 6%, residential starts were down 5% and nonbuilding starts were 1% higher over the same period. For the 12 months ending June 2025, total construction starts were up 4% from the 12 months ending June 2024. Residential starts were down 1%, … Read more

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Construction Hiring Remains Subdued in June

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The construction industry had 246,000 job openings on the last day of June, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey. JOLTS defines a job opening as any unfilled position for which an employer is actively recruiting. Industry job openings increased by 14,000 last month but are down by 39,000 from the same time last year. “While industrywide job openings increased in June, the share of all construction positions that are unfilled remains low by recent standards,” said ABC Chief Economist Anirban Basu. “More importantly, … Read more

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McCarthy Begins Construction on New 17-Acre Equipment Operations Hub

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McCarthy Building Companies has begun construction on a new 17-acre equipment and warehouse distribution facility in Maryland Heights, Missouri. The new McCarthy Equipment Operations Hub signals an essential investment to support the company’s projected growth for the Central Region and meet the expanding pipeline of large-scale, complex projects. The new Equipment Operations Hub will span nearly 740,520 square feet and is designed to support McCarthy’s growing self-perform capabilities. The site includes a nine-and-a-half-acre equipment yard and a 66,400-square-foot building that will include a 32,000-square-foot warehouse, 10,000-square-foot equipment maintenance shop and two-story, 24,400-square-foot office space. The facility will also include areas … Read more

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Ryan Companies, Exalt Health Announce New Inpatient Rehabilitation Facility in Florida

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Ryan Companies US, Inc., in partnership with Exalt Health, has announced plans to develop a new inpatient rehabilitation facility in Riverview, Florida. The 40,000-square-foot facility will offer 40 beds and provide intensive physical, occupational and speech therapy services to patients with complex medical conditions. Construction is expected to begin in the fourth quarter of 2025, with the facility scheduled to open in early 2027. The facility will expand access to critical post-acute care in one of Florida’s fastest-growing communities. Ryan identified and secured the site, led the rezoning process and formed a joint venture with Exalt Health to own the … Read more

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Spending on Nonresidential Building Construction Continues to Slow

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Spending on nonresidential construction is projected to increase only 1.7% this year and grow very modestly to just 2% next year, according to The American Institute of Architects mid-year Consensus Construction Forecast. The outlook by the AIA Consensus Construction Forecast estimates the commercial sector outlook is about on par with the broader industry, with a projected 1.5% increase this year rising to 3.9% in 2026. Spending on the construction of manufacturing facilities – the industry bright spot in recent years – is expected to decline 2% this year with an additional declined of 2.6% next year. Institutional facilities are expected … Read more

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