“With Utah’s focus on ‘cluster’ economic development, the state could see growth in aerospace, IT and software development, the financial services market, outdoor products, life sciences, recreation, energy and natural resource industries,” Chris DeHerrera
Residential sector rises 5% from last month, but non-residential projects dip 1% and the non-building category declines 2%, Dodge Data & Analytics reports.
A new study by Dodge Data and Analytics, published this February in the “World Green Building Trends 2016 SmartMarket Report,” confirms that green design and construction is accelerating as an important global trend.
The Dodge Momentum Index rose 2.4% in January. The monthly increase was the result of a 3.3% increase in institutional projects and a 1.6% increase in commercial work.
A report released on Feb. 4 by Dodge Data & Analytics ranks the New York City metropolitan area as both the largest and fastest-growing metro area in the nation for construction, with $35 billion in new starts during 2015, a 66% increase over 2014.
