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Tradewinds


Nonresidential Construction Employment Decreases in February, Says ABC

Nonresidential Construction Employment Decreases in February, Says ABC

Posted: March 5, 2021 | Tradewinds

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Nonresidential Construction Spending Stabilizes in January 2021, Down 5% Since January 2020, Says ABC

Nonresidential Construction Spending Stabilizes in January 2021, Down 5% Since January 2020, Says ABC

Posted: March 5, 2021 | Tradewinds

National nonresidential construction spending increased 0.9% on a monthly basis in January 2021 but is down 5% since January 2020, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $799.1 billion for the month.

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Dodge Momentum Index Posts Strong Gain in February Marking Highest Level in Nearly Three Years

Dodge Momentum Index Posts Strong Gain in February Marking Highest Level in Nearly Three Years

Posted: March 5, 2021 | Tradewinds

The Dodge Momentum Index rose 7.1% in February to 149.0 (2000=100) from the revised January reading of 139.1. The Momentum Index, issued by Dodge Data & Analytics, is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year. The institutional component of the Momentum Index jumped 26.3% during the month, while the commercial component was essentially flat.

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Construction Spending Rises in January as Private Nonresidential Sector Stages Rare Gain, but Rising Materials Costs make Further Losses Likely Private Nonresidential Market

Construction Spending Rises in January as Private Nonresidential Sector Stages Rare Gain, but Rising Materials Costs make Further Losses Likely Private Nonresidential Market

Posted: March 5, 2021 | Tradewinds

Shrinks 10 Percent Since January 2020 with Declines in All 11 Segments; Growing Cancellations, Proposed Labor Law Change Threaten to Harm Employers and Workers Alike

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Suburban Shift for Construction in 2020

Suburban Shift for Construction in 2020

Posted: March 5, 2021 | Tradewinds

The suburban shift in home building to meet growing buyer preferences for lower density, lower cost markets stemming from the COVID-19 pandemic that was first reported in the second quarter National Association of Home Builders (NAHB) Home Building Geography Index (HBGI) has continued throughout the rest of 2020.

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