AIA Report: Nonresidential Building Sector Should Expect Healthy Rebound through 2023
According to a new report from the American Institute of Architects, the nonresidential building sector is expected to see a healthy rebound through next year…
labor shortages
U.S. Chamber of Commerce Commercial Construction Index Falls
Rising costs, skilled labor shortages, and lack of materials continue to create challenges for the construction industry, sending the U.S. Chamber of Commerce Commercial Construction Index (Index) down…
Labor Shortages and Rising Materials Prices Slowed Construction Recovery
The Marcum Commercial Construction Index for the third quarter of 2021 reports that the construction industry’s recovery slowed during the summer in the face of labor shortages…
Dodge Momentum Index Regresses in July
The Dodge Momentum Index fell to 155.8 (2000=100) in July, a 6 percent decline from the revised June reading of 164.9. The Momentum Index, issued…
Total Construction Starts Slip in June
Total construction starts lost 7 percent in June, slipping to a seasonally adjusted annual rate of $863.6 billion, according to Dodge Data & Analytics. All…