Construction Industry

During the first ten months of this year, construction spending amounted to $1,814.8 billion, +7.2% above the $1,693.2 billion for the same period in 2023.

Some surprises in the construction categories with the largest YOY spending increases: Air, Plastic/Rubber & Transportation Equipment.

Building permits and business at architectural firms remain soft.

Check out the latest building permit data and Dodge Momentum Index.

Dodge said total construction starts lost -19% in June, falling to a seasonally adjusted annual rate of $1 trillion.

Dodge says building owners and developers are optimistic about te 2025 construction market.

Construction spending didn't increase much in June from May, but the year-over-year increases are still holding up well.

The construction economists on AIA's Consensus Construction Forecast panel had different takes on the business fortunes of the construction market in 2024-2025.

New building permits, AIA architectural billings and the Conference Board's Leading Economic Indicators.

New building permits, AIA architectural billings and the Conference Board's Leading Economic Indicators.

The May figure is +6.4% above the May 2023 estimate of $2,011.8 billion.

The value of new construction still looks decent on a year-over-year basis.

During the first two months of this year, construction spending amounted to $298.1 billion, +11.9% above the $266.5 billion for the same period in 2023.

The AIA Billings Index and the Conference Board's U.S. Leading Indicators both showed signs of better times ahead.

Construction in the Computer/Electronic/Electrical category is still roaring and at $125.9 billion for the month is up +51.6% over Jan. 2023.

The Dodge Momentum Index (DMI), rose +0.1% in January to 184.1 points (2000=100) from the revised December reading of 183.9 points. Over the month, commercial planning fell -1...

Total construction spending during Dec. 2023 was estimated at a seasonally adjusted annual rate of $2,096 billion, +0.9% above the revised November estimate.

This podcast looks at Electrical Wholesaling's picks for the hottest construction niches in 2024.

AIA architects are starting to see more inquiries for project design.

Dodge says manufacturing is in for another strong year with a +16% gain.

Construction is tracking behind 2022's pace, according to Dodge Construction Network.