New construction starts in December fell 10% to a seasonally adjusted annual rate of $708.9 billion, continuing to retreat after November’s 7% slide, according to Dodge Data & Analytics.
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The Dodge Momentum Index fell 4.9% in December to 151.9 (2000=100) from the revised November reading of 159.7.
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ENR’s 20-city average cost indexes, wages and materials prices. Historical data and details for ENR’s 20 cities can be found at ENR.com/economics
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The Council on Tall Buildings and Urban Habitat, in its 2018 CTBUH Tall Building Year in Review, found that 18 supertall buildings 300 meters or taller completed construction last year—a record number that beats 2017, but only by three.
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The Barbican, London Symphony Orchestra and Guildhall School of Music & Drama recently released Diller Scofidio + Renfro's first conceptual design for the proposed Centre for Music in London.
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B&V taps a former Siemens exec as new power unit CEO.
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The cost of the design for a new Kansas City International Airport has nearly doubled since a developer was picked in September 2017 in a very open, if chaotic, process. Now, Chicago is going with a completely closed process to pick the designer of a new terminal at O'Hare International in a process that's just as bad.
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Selecting the photos for ENR’s annual Year in Construction winners gallery offered lessons about the intersection of work, safety, beauty and construction.
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The photo that appears on the cover of this issue of ENR, a drill rig puncturing concrete or stone at the base of a new retaining wall being built in Chattanooga, Tenn., came out on top in online voting for the image that would make the best foldout cover.
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One of Europe’s largest and most complicated infrastructure programs was heading for an on-time opening last month while being held up as a model of good project delivery. But weeks before the planned event, London’s $19-billion Crossrail transit megaproject was found to be in deep trouble.
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