Despite concerns about a hike in materials costs, worldwide construction markets report a growing recovery.

Dodge's P.E. owner made deal of undisclosed amount to combine firms' market data services for the commercial construction sector.

High material prices are expected to drop as supply catches up with demand in 2021

Even as vaccines become widely available and economic recovery continues, non-residential construction may face a long road. 

Following a V-shaped recovery in the third quarter of 2020, economic growth has slowed. Amid pandemic's third wave, vaccines bring hope for the second half of 2021.