Business and Finance

    Dodge CEO Dan McCarthy Discusses the Future of Construction Market Data

    Software giant Trimble recently sat down with Dodge Data & Analytics CEO Dan McCarthy for a conversation about the evolving state of building-industry data. Here are some highlights from the video interview: Our goals center around identifying and quantifying a project as soon as it’s gone into planning. … If I’m an architect, I want to know what projects are coming on stream and who the owner is so that I can reach out to them and win the business. If… Read More »Dodge CEO Dan McCarthy Discusses the Future of Construction Market Data

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      Building Business News: June 18 – 24, 2021

      People Detroit Mayor Mike Duggan has nominated Houston planner Antoine Bryant of Moody Nolan to be the city’s director of the Planning & Development Department. The position requires the approval of the Detroit City Council. Bryant succeeds Maurice Cox, who left Detroit in 2019 for a comparable role in Chicago. Deputy planning director Katy Trudeau ran the department during the interim. Paola Sanguinetti is the new director of The Design School at Arizona State University‘s Herberger Institute for Design and… Read More »Building Business News: June 18 – 24, 2021

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        Beyond the Data: Job Growth Slows in November

        According to the Bureau of Labor Statistics, the U.S. economy added 245,000 jobs in November – a considerable step back from the revised 610,000 jobs added in October. Still, the unemployment rate dipped to 6.7%. Private sector employment improved by 344,000, while the public sector shed 99,000 positions. Within the public sector, state and local governments cut 13,000 positions, while federal employment was down 86,000 reflecting the loss of temporary workers that had been hired for the 2020 Census. Within… Read More »Beyond the Data: Job Growth Slows in November

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          Keeping Business Going in a Time of Crisis

          The efforts to manage the impact of the COVID-19 outbreak in order to minimize the loss of life have already had a profound effect on U.S. businesses, including the construction industry. However, the impact on construction has been far from uniform. In order to help the industry better understand the implications of this moment, Dodge Data & Analytics launched an online survey of contractors to its contractor panel, which fielded from March 19 to March 31. The findings capture the… Read More »Keeping Business Going in a Time of Crisis

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            Dodge Momentum Index Loses Steam In June (July 8, 2021)

            Following six months of consecutive gains, the Dodge Momentum Index fell to 165.8 (2000=100) in June, down 5% from the revised May reading of 175.1. 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 decline in June was the result of losses in both institutional planning, which fell 7%,… Read More »Dodge Momentum Index Loses Steam In June (July 8, 2021)

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              Zweig M&A Report, June 28, 2021 to July 4, 2021

              Zweig Group‘s weekly mergers and acquisitions report for the AEC industry encompasses both U.S. and global markets. Here are some of the top deals for the week of June 28 to July 4: ArchitectureCORE Design Group of York, Pennsylvania, with Richard F. Mula Architects of Lancaster, Pennsylvania ArchitecturePerkins Eastman of New York with MEIS Architects of New York Construction ServicesSam Companies of Austin, Texas, with Marbach, Brady & Weaver and Marbach-Palm (together known as Marbach) of Elkhart, Indiana EngineeringAssystem of Sourbevoie, France, with STUP of Mumbai, India EngineeringProgressive Engineering… Read More »Zweig M&A Report, June 28, 2021 to July 4, 2021

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                Q1 2021 U.S. Chamber of Commerce Commercial Construction Index

                The Commercial Construction Index (CCI) is a quarterly economic indicator designed to gauge what drives the commercial construction industry and its leaders, based on research conducted with contractors. Topics covered include the three factors from which the Index is derived—backlog levels, new business opportunities and revenue forecasts—and additional market drivers such as workforce, financing, and materials and equipment trends. The Index also features a quarterly spotlight on revolving construction industry topics The Q1 CCI is 62, continuing its slow recovery… Read More »Q1 2021 U.S. Chamber of Commerce Commercial Construction Index

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                  The Business Value of BIM for Mechanical and HVAC Construction

                  Use of BIM across the project team is critical to improve project outcomes. This SmartMarket Report takes a deep dive into the use of BIM by mechanical and HVAC contractors, and the findings reveal that their engagement is not only widespread, but it is encouraging growth in related activities such as prefabrication and modular construction. The study provides a detailed portrait of how these sheet metal/ducting, mechanical piping, plumbing and multi-trade contractors are using BIM. It also reveals the multiple… Read More »The Business Value of BIM for Mechanical and HVAC Construction

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                    Construction Productivity: Impacts from the Construction Labor Shortage | Construction Podcast

                    Listen to “A Podcast That Builds” host Ben Johnson and Dodge’s Donna Laquidara-Carr discuss the findings from the 2017 Q4 CCI Report, including insights into improving construction productivity and updates on the construction labor shortage. Below is a transcript of this construction podcast. Ben Johnson:     Welcome to “A Podcast That Builds”, construction industry experts, keeping you in the know with news trends and analysis that will shape the future of building. And today we are talking about the fourth quarter CCI Report,… Read More »Construction Productivity: Impacts from the Construction Labor Shortage | Construction Podcast

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