Nonresidential Building and Electric Utilities Advance, Housing Recedes

NEW YORK, N.Y. – New construction starts in June grew 4 percent from the previous month to a seasonally adjusted annual rate of $679.9 billion, according to Dodge Data & Analytics. Nonresidential building increased 13 percent in June, strengthening after two months of lackluster activity, and the nonbuilding construction sector rose 8 percent with the help of elevated activity for electric utilities. However, residential building slipped 4 percent in June, as both sides of the housing market (single-family and multifamily) retreated. Through the first six months of 2017, total construction starts on an unadjusted basis were $342.7 billion, down 4 … Read more






Filed under: Economic NewsTagged with: ,

Dodge Data & Analytics Construction Project Information Integrates with Microsoft Dynamics CRM

NEW YORK, N.Y. – Dodge Data & Analytics has launched PipeLine for Microsoft Dynamics, a new software application that integrates construction project information directly into Microsoft Dynamics, a customer relationship management system. Contractors and building product manufacturers using Dynamics can now more easily find and track construction projects, tying them directly into their opportunity, account and reporting workflows. “Dodge offers the most current and comprehensive information for anyone interested in finding and tracking North American construction projects,” said Mike Petrullo, CEO, Dodge Data & Analytics. “Making this data accessible directly through Microsoft Dynamics is another example of how Dodge is … Read more






Filed under: ProductsTagged with: , ,

January Construction Starts Jump 12 Percent

NEW YORK, N.Y. – The value of new construction starts in January climbed 12 percent to a seasonally adjusted annual rate of $690.2 billion, according to Dodge Data & Analytics. After losing momentum during last year’s fourth quarter, nonresidential building strengthened in January, with much of the lift coming from the start of the $3.4-billion Central Terminal Building at LaGuardia Airport in New York, New York,as well as groundbreaking for several other large airport terminal projects. Nonbuilding construction bounced back from a subdued December, with the boost arising from a $750-million natural gas-fired power plant in Florida plus two pipeline … Read more






Filed under: Economic NewsTagged with: ,

New Research Shows How Collaboration Can Reduce Construction Risk

NEW YORK, N.Y. – Three quarters of building owners and contractors have experienced a dispute or claim in the last three years, and nine in 10 say increased collaboration can be used to mitigate future risk, according to Managing Risk in the Construction Industry, a new SmartMarket Report from Dodge Data & Analytics. Produced in partnership with Alliant, and with support from e-Builder and Procore, the report is available for free download here. The report provides a unique link between specific risk reduction practices—like conducting regular meetings with the full project team, formal brainstorming and developing a plan to manage … Read more






Filed under: eNews, NewsTagged with: , , ,