Dodge Construction Network

Total construction starts were up 0.5% in February to a seasonally adjusted annual rate of $1.1 trillion. “While increased uncertainty over the trajectory of monetary and fiscal policies may be informing some of the flat month-to-month trends – the largest construction sectors still saw growth in activity throughout February,” stated Sarah Martin, Associate Director of Forecasting at Dodge Construction Network. For more insights, watch below or click here to read the full report: https://lnkd.in/gFXEQFij Key Highlights: 📈 Total construction starts rose 0.5% in February to a seasonally adjusted annual rate of $1.1 trillion. 🏢 Nonresidential building starts grew 2%, led by a 22% jump in commercial starts. 🏗️ Residential starts fell 1%, with single-family up 1% and multifamily down 6%. 🚧 Nonbuilding starts held steady, with highway and bridge starts up 8%. 📊 Year-to-date, total construction starts are down 2% compared to 2024, with nonresidential down 14%, residential down 3%, and nonbuilding up 16%. #ConstructionIndustry #DodgeStartsReport #NonresidentialBuilding #ResidentialConstruction #Infrastructure #EconomicForecast #ConstructionTrends

“Planning momentum moderated in February, after a few months of stronger growth,” stated Sarah Martin, associate director of forecasting at Dodge Construction Network. “Data centers continue to prop up growth in the overall index. Without them, the DMI would have decreased 2% this month.” Despite ongoing uncertainty around material prices and fiscal policies, planning activity continues to progress. For more insights, watch below or click here to read the full report: https://lnkd.in/gyvs9NdP Key Highlights: 📈 Commercial planning increased by 3.3%, led by data centers, traditional office buildings, and retail projects. 🏗️ Institutional planning declined by 4.6%, with weaker education planning dragging the sector down. 📊 The DMI is up 27% year-over-year. #ConstructionTrends #DodgeMomentumIndex #DataCenters #CommercialPlanning #InstitutionalPlanning #EconomicForecast #ConstructionIndustry

Changes in tariff policies are reshaping the construction landscape. What could it all mean for the months ahead? Dodge breaks it down in the latest analysis. Click the link to learn more: https://lnkd.in/gR3WjhHe

The construction industry is facing a workforce shortage—but what’s really keeping new talent away? Swipe through the data to see the key challenges. Get the full insights—download the report here: https://lnkd.in/gS2HaHkY

Workforce shortages remain a top challenge in construction. The Dodge Workforce Report explores what the next generation values in a career—and how the industry can better attract them. Dodge surveyed 1,100+ students, job seekers, and career changers (ages 14–44) alongside 200+ contractors to uncover key disconnects and opportunities. ✔ High Job Satisfaction – Many in the industry love their careers, but that message isn’t always reaching potential workers. ✔ Bridging the Gap – Construction needs to refine its outreach and messaging to better connect with job seekers. ✔ Addressing Misconceptions – What deters people from construction isn’t always what contractors assume. ✔ Evolving Work Experiences – The industry must adapt to meet changing job expectations. Download the full report here to stay ahead in the labor market: https://lnkd.in/gS2HaHkY With the right insights, construction can build a stronger, more sustainable workforce.

“After robust data center starts in November and December, total office starts fell back in January to more historically typical levels and drove a sizable piece of the month-to-month decline,” stated Sarah Martin, Associate Director of Forecasting at Dodge Construction Network. For more insights, watch below or click here to read the full report: https://lnkd.in/gNtKr3gX Key Highlights: 🏗️ Nonresidential starts declined 18% over the month, with commercial starts down 41% and manufacturing down 16%. 🏥 Institutional starts rose 4%, driven by healthcare and recreational projects. 🚧 Nonbuilding starts improved 4%, with highway and bridge starts up 14% and utility/gas starts up 1%. 📊 On a year-over-year basis, nonresidential starts are down 22%, while nonbuilding starts are up 17%. #ConstructionIndustry #DodgeStartsReport #NonresidentialBuilding #CommercialRealEstate #Infrastructure #EconomicForecast #ConstructionTrends

Looking forward to connecting at the 2025 North American Iron Workers/IMPACT Conference, happening February 23-26 at Disney’s Coronado Springs Resort. Visit us at Booth #41 to discuss key industry challenges and explore ways to strengthen collaboration between ironworkers, contractors, and end users. Don’t miss out—register today: https://lnkd.in/ewsB3ppy #IWIMPACT2025 #2025IWIMPACT #2025AccomplishtheMission

All contractors face challenges with construction quality, including errors, omissions, and rework. But there are proven ways to enhance collaboration and minimize costly disruptions. Join us Wednesday, February 19th at 1 P.M. CT for The True Cost of Poor Collaboration, a live webinar in our Voice of the Industry series, where construction leaders will share actionable insights. 📅 Don’t miss out—register here to attend or access the recording: https://lnkd.in/gF3ZSHnQ 📖 Interested in the correlating report? Download it here: https://lnkd.in/g735JuMi

The Dodge Momentum Index (DMI) grew by 5.6% in January, rising to 225.7 from a revised December reading of 213.6. “Nonresidential planning activity saw diversified growth in January, with every vertical experiencing positive momentum,” stated Sarah Martin, Associate Director of Forecasting at Dodge Construction Network. For more insights, watch below or click here to read the full report: https://lnkd.in/gbkfR7e3 Key Highlights: 📈 Commercial planning increased by 4.2%, led by gains in data centers, office buildings, and warehouses. 🏢 Institutional planning grew by 8.7%, supported by education and hospital projects. 📊 The DMI is up 26% year-over-year, with commercial planning up 37% and institutional planning up 9%. #ConstructionIndustry #DodgeMomentumIndex #DataCenters #InstitutionalPlanning #CommercialRealEstate #EconomicForecast #ConstructionTrends #NonResidentialBuilding

Is poor collaboration costing your construction projects time and money? Miscommunication, rework, and coordination issues are major challenges for contractors—but they don’t have to be. Learn how to mitigate these costly disruptions in The True Cost of Poor Collaboration, a live Voice of the Industry webinar on February 19 at 1 P.M. ET, where industry experts will break down: ✔️ The root causes of communication disruptions ✔️ Strategies to improve multi-trade project collaboration ✔️ How to protect your profit margins from coordination issues ✔️ The full value of Virtual Design & Construction (VDC) work Secure your spot today—if you can’t attend live, register to receive the recording: https://lnkd.in/gCBv36wD