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Industry News

U.S. Construction / Infrastructure Articles

Dodge: Rebound in October construction starts 'alleviates concern about a stalling expansion'
Driven by growth in the nonresidential sector, the value of October construction starts rose 13% from September to an annual rate of $591.1 billion, Dodge Data & Analytics reported. Construction starts were also up 10% year-to-date in October, at $551.9 billion.
November 23, 2015 – Construction Dive

San Diego Airport Authority Passes $2.2 Billion Expansion
The San Diego County Regional Airport Authority unanimously approved a $2.2 billion terminal replacement plan for Lindbergh Field.
November 20, 2015 – Construction Equipment

Multifamily Drop Pushes Housing Starts Down 11 Percent in October, Permits Rise
Led by a steep drop in multifamily production, nationwide housing starts fell 11 percent to a seasonally adjusted annual rate of 1.06 million units in October, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department.
November 20, 2015 – Compact Equipment

October Architecture Billings Index Indicates Slight Drop in Construction Activity
The October Architecture Billings Index score was 53.1, down slightly from the mark of 53.7 in the previous month but still reflecting an increase in design services.
November 19, 2015 –

House Passes Another Short-Term Highway Patch
The House approved a measure by voice vote on Monday to extend federal transportation funding for two weeks in an effort to prevent a highway-funding shutdown.
November 17, 2015 –

More DOTs progress with infrastructure projects due to increased funding security
A growing number of state DOTs are launching more infrastructure improvement projects, as a result of state legislative actions earlier this year to increase DOT revenues.
November 16, 2015 – Roads & Bridges

Q3 US Construction Starts Below Expectations
U.S. construction starts came in slightly below expectations during the third quarter, with stronger activity in the civil engineering sector being more than offset by weaker growth in the residential and nonresidential segments.
November 13, 2015 –

Construction worker thwarts knife attack on University of California campus
A construction worker is being hailed as a hero in the wake of a knife attack last week that could have become much worse at a University of California campus.
November 10, 2015 – Equipment World

Dodge Momentum Index October Decrease Nearly Reverses September Gains
The Dodge Momentum Index fell 4.8% in October to 125.2 (2000=100) from its September reading of 131.5.
November 9, 2015 –

Seattle voters approve levy for $930 million transportation funding plan
Voters in Seattle voted yes to the "Transportation Levy to Move Seattle," which will provide $930 million over nine years to fund transportation projects in the city through a property tax increase.
November 6, 2015 – Equipment World

Texas voters overwhelmingly approve $2.5 billion in funding for transportation projects
Texas voters gave a resounding 'yes' to new transportation funding Tuesday as they passed Proposition 7 with more than 80 percent of the votes.
November 6, 2015 – Equipment World

Residential Construction Spending Continues to Rise on Multifamily Construction Strength
National Association of Home Builders (NAHB) analysis of Census construction spending data shows that total private residential construction spending for September increased, rising to a seasonally adjusted annual rate of $395 billion.
November 3, 2015 –

Construction Spending Hits New High
U.S. construction spending rose 0.6 percent in September to the highest level since March 2008, pushed up by a surge in apartment building.
November 2, 2015 – U.S. News & World Report

New construction starts predicted to grow 6 percent in 2016
A new report from Dodge Data & Analytics, titled the "2016 Dodge Construction Outlook," predicts total U.S. construction starts for 2016 to rise 6 percent to $712 billion.
October 30, 2015 – Pit & Quarry

Housing Starts Remain Near Eight-Year High
New housing starts increased from an annualized 1,132,000 units in August to 1,206,000 units in September, which kept residential activity near the eight-year high of 1,211,000 units in June.
October 26, 2015 – National Association of Manufacturers

Tennessee group says state needs $25.7 billion in transportation improvements
A public-private advisory consortium says in a new report Tennessee needs $25.7 billion in transportation infrastructure improvements by 2018, an increase of $4.2 billion or 19.5 percent over the group's previous yearly estimate.
October 26, 2015 – Equipment World

Georgia delays another $123M worth of projects due funding uncertainty
The Georgia Department of Transportation (GDOT) will delay another $123 million worth of road projects because Congress has not yet passed a law to give long-term certainty to the federal highway program.
October 26, 2015 – Roads & Bridges

Equipment Finance Market Softens: EFLA
Confidence in the equipment finance market eased this month, according to the Equipment Leasing & Finance Foundation October 2015 Monthly Confidence Index for the Equipment Finance Industry
October 21, 2015 – Construction Equipment

Nonresidential Construction Starts Slide 26.1% to Weakest Level Since 2012
September's level of U.S. construction starts, excluding residential work, was $15 billion, a drop of 26.1% versus August, according to CMD. That compares unfavorably with the long-term September-versus-August percentage change, due to seasonality, of -3%.
October 19, 2015 –

Fuel Efficiency Takes Center Stage
As recently as the '90s, fuel economy often meant you wanted a fuel tank large enough to run 10 hours. But in the early 2000s, that began to change.
October 19, 2015 –

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