Companies involved in U.S. construction plan on intensifying their involvement in green building over the next three years, according to the new World Green Building Trends Study from Dodge Data & Analytics, conducted with support from United Technologies Corp. (NYSE:UTX) and its UTC Climate, Controls & Security business.
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The Dodge Momentum Index rose 2.4% in January to 126.4 (2000=100) from its December reading of 123.4.
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A ranking of the top U.S. metropolitan areas by the dollar amount of construction starts for commercial and multifamily building shows the New York City metropolitan area leading the nation in 2015, according to Dodge Data & Analytics.
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New construction starts in December advanced 4% to a seasonally adjusted annual rate of $591.6 billion, according to Dodge Data & Analytics.
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For more than a century, Dodge Data & Analytics’ Sweets (http://sweets.construction.com/) has connected architecture, engineering and construction professionals with the latest offerings of building product manufacturers
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The Dodge Momentum Index rose 4.1% in December to 125.2 (2000=100) from its November reading of 120.3, essentially reversing the 3.6% decline that took place in November.
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At a seasonally adjusted annual rate of $563.3 billion, new construction starts in November fell 5% from the previous month, according to Dodge Data & Analytics.
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The benefits of BIM (building information modeling) and other technology advancements that allow the exchange of information on design and construction projects, including improving labor productivity and reducing costs for construction companies, are just the beginning of what can be achieved, according to a new study released today by Dodge Data & Analytics in partnership with Bentley Systems.
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The Dodge Momentum Index fell 3.7% in November to 119.9 (2000=100) from its October reading of 124.5.
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New construction starts in October advanced 13% to a seasonally adjusted annual rate of $591.1 billion, according to Dodge Data & Analytics. The increase follows the lackluster performance for construction starts during August and September, when activity fell to the lowest levels reported so far in 2015. Much of October’s gain for total construction was due to a sharp rebound by nonresidential building, with additional support coming from a moderate upturn for housing as the result of further strengthening by multifamily housing.
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