Articles Tagged with ''Forecast''

Dodge data on projected 2021 construction starts in the area Hartford

I hear from people who argue that I’m being too negative about the future, that real construction market recovery is just around the corner.

Alongside swarms of contractors and others pouring in to the annual World of Concrete trade show in Las Vegas, the Portland Cement Association released a relatively rosy economic forecast for 2020 into 2021. 

Experts foresee enough construction work to hold off recession fears in the coming year, particularly in transportation.

An advanced weather service recently taken up by airlines and other industries that need hyper-accurate forecasting is making inroads into construction, and early-adopting roofing companies already are beginning to rely on its granular forecasts and alerts.

Dodge chief economist Robert Murray and others see transportation sector growth, but declines in multifamily and other housing for an overall flat construction outlook.

Washington was a key driver of second-quarter energy costs, with political moves affecting power sources from oil to solar.