National news

Dodge: Construction starts down at beginning of 2021

Total construction starts dropped 4% in January to a seasonally adjusted annual rate of $794.3 billion. Nonresidential building starts were…

3 years ago

Dodge Momentum Index increases to start 2021

The Dodge Momentum Index increased 3.1% in January to 139.4 (2000=100) from the revised December reading of 135.2. The Momentum…

3 years ago

Statewide construction employment steady through Dec. 2020 despite COVID-19, though major regional variations

Overall, California construction employment has remained stable on a year-to-year basis from December 2019 to December 2020, despite the severe…

3 years ago

Investment in nonresidential structures up a meager 3% in final quarter of 2020, says ABC

The U.S. economy expanded at an annualized 4.0% rate in the fourth quarter of 2020 as the nation’s recovery from…

3 years ago

Monthly construction input prices Increase in December, says ABC

Construction input prices increased 1.8% in December 2020 compared to the previous month, according to an Associated Builders and Contractors…

3 years ago

COVID-19 construction employment impact varies, depending on where you live: AGCA

California's overall construction employment rolls declined by 3 percent, or 23,000, in the year ending November, 2020 -- a decline…

3 years ago

Mixed picture locally as overall California construction employment declines in the year by 3%

The story about construction employment during the COVID-19 pandemic in California depends on where you live and work. According to…

3 years ago

Dodge Momentum Index ends 2020 on a high note

The Dodge Momentum Index jumped 9.2% in December to 134.6 (2000=100) from the revised November reading of 123.3. The Momentum…

3 years ago

National: Nonresidential construction shrinks in November even while homebuilding soars

Construction spending was a tale of two industries again in November, as soaring single-family construction masked ongoing downturns in private…

3 years ago

Transbay Corridor Core Capacity Project among recipients of $544.3 million in federal funds

The Department of Transportation’s Federal Transit Administration (FTA) is allocating a total of $544.3 million in federal funding to a…

3 years ago