Tag: December
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9 largest commercial construction starts of December 2024
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Total construction starts slipped 2% in December to a seasonally adjusted annual rate of $1.2 trillion, according to Dodge Construction Network. Residential groundbreakings rose 4%, buoyed by multifamily projects, while nonresidential starts ticked up 2%, driven by…
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ABC: Material Costs Down 0.2% in December, Up 0.9% YoY
One of the many economic indicators we’re all watching is the price of materials in the construction industry. With political and economic changes in the mix, what can contractors expect for prices in 2025? Associated Builders and Contractors (ABC) offers a glimpse. According to ABC: Construction input prices decreased 0.2% in December compared to the previous month,…
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December 2024 economic roundup | Construction Dive
Contractors ended 2024 on a cautiously optimistic note, as the latest construction data revealed resilience alongside lingering challenges. Backlog held steady at 8.4 months as contractors expressed some optimism about private construction prospects. The possibility of lower borrowing costs and clearer policy direction following the presidential election buoyed confidence. Groundbreakings also gained momentum to close…
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AEC Business Newsletters in December 2021
Are you interested in AEC technology and want to keep tabs on what’s new and noteworthy? My newsletter covers weekly one of the four themes: AI, smart construction, industrialized construction, and extended reality. Subscribe here! Here are the editions from December 2021: Industrialized construction Extended reality Artificial Intelligence Smart construction The post AEC Business Newsletters…