Dodge Data & Analytics released its 2019 Dodge Construction Outlook, which predicts that total U.S. construction starts for 2019 will be $808 billion, staying essentially even with the $807 billion estimated for 2018. “Over the past three years, the expansion for the U.S. construction industry has shown deceleration in its rate of growth, a pattern that typically takes place as an expansion matures,” stated Robert A. Murray, chief economist for Dodge Data & Analytics. “After advancing 11-14 percent each year from 2012 through 2015, total construction starts climbed 7 percent in both 2016 and 2017, and a 3 percent increase … Read more
New Construction Starts in 2019 to Hold Steady with 2018 Amount, According to Dodge Data & Analytics
Filed under: eNewsTagged with: 2019 forecast, Construction Starts, Dodge Data & Analytics