New Construction Starts in April Slide 8 Percent

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NEW YORK, New York – The value of new construction starts in April fell 8 percent from the previous month to a seasonally adjusted annual rate of $608.3 billion, according to Dodge Data & Analytics. Nonresidential building pulled back following its sharp March increase and the non-building construction sector showed improvement, with public works strengthening after its lackluster March performance. Through the first four months of 2016, total construction starts on an unadjusted basis were reported at $198.4 billion, down 12 percent from the same month a year ago. The first four months of 2015 had been lifted by several … Read more

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USGBC, Dodge Release World Green Building Trends Report 2016

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WASHINGTON, D.C. – The U.S. Green Building Council and Dodge Data & Analytics partnered to release World Green Building Trends 2016 SmartMarket Report. The new report, conducted in nearly 70 countries, demonstrates that global green building continues to double every three years. The report also finds emerging economies like Brazil, India, Saudi Arabia and South Africa will be engines of green growth, with development varying from two-fold to six-fold over current green building levels. “International demand for green building, due in great part to the LEED green building program’s global popularity, has grown steadily over the years,” said Rick Fedrizzi, … Read more

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