New Research Reveals Strong Contractor Optimism About AI’s Transformative Impact on Construction Industry

Dodge Construction Network, in partnership with CMiC, released AI for Contractors, a new research report examining how AI is reshaping the construction industry. The comprehensive study reveals that 87% of contractors believe AI will have a meaningful impact on construction, with many predicting extensive industry-wide transformation. “For decades, construction firms have lacked the tools to transform the data they’ve collected into action. AI-enabled solutions are changing that,” says Gord Rawlins, president and CEO of CMiC. “In fact, this research highlights the high-impact results contractors are achieving today; 92% effectiveness in automated proposal generation and 86% in contract risk review. What … Read more

Filed under: eNews, TechnologyTagged with: , ,

Dodge Construction Network: Construction Starts Grew 16% in June

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

Filed under: Economic NewsTagged with: ,

Dodge Construction Network: Latest Construction Starts Data Shows Growth in Select Sectors

Total construction starts were down 9% in April to a seasonally adjusted annual rate of $1.03 trillion, according to Dodge Construction Network. Nonresidential building starts declined 3%, residential starts fell 4%, while nonbuilding starts decreased 22%. On a year-to-date basis through April, total construction starts were down 3% from last year. Read the full details here. Nonbuilding Nonbuilding construction starts fell 22% in April to a seasonally adjusted annual rate of $279 billion. Highway and bridge starts decreased 8%, environmental public works fell back 2% and utility starts were down 70% last month. Meanwhile, miscellaneous nonbuilding starts were up a strong … Read more

Filed under: NewsTagged with:

Dodge Momentum Index Declines 7% in March

The Dodge Momentum Index, issued by Dodge Construction Network, receded 6.9% in March to 205.6 (2000=100) from the revised February reading of 220.9. Over the month, commercial planning declined 7.8% while institutional planning fell 5%. “Increased uncertainty around material prices and fiscal policies may have begun to factor into planning decisions throughout March,” stated Sarah Martin, associate director of forecasting at Dodge Construction Network. “While planning data has weakened across most nonresidential sectors this month, activity remains considerably higher than year-ago levels and still suggests steady construction activity in mid-2026.” On the commercial side, weaker planning activity for warehouses, data … Read more

Filed under: Economic NewsTagged with: ,

Dodge Momentum Index Grows 6% in January

The Dodge Momentum Index, issued by Dodge Construction Network, grew 5.6% in January to 225.7 (2000=100) from the revised December reading of 213.6. Over the month, commercial planning increased 4.2% while institutional planning improved 8.7%. On the commercial side, data center, traditional office building and warehouse planning led this month’s gains. Education and healthcare planning supported the institutional portion, especially on the hospital side. In January, the DMI was up 26% when compared to year-ago levels. The commercial segment was up 37% from January 2024, while the institutional segment was up 9% over the same period. A total of 33 … Read more

Filed under: Economic NewsTagged with: ,