Dodge Construction Network released its September report last week, showing declines across three major construction sectors. The residential sector “led the tumble,” the firm’s analysts said, falling by 6%, at 394,000 starts. Total starts for August were 419,842. A closer look shows that single-family starts offered a small silver lining, gaining by 1% on a […]

According to the U.S. Bureau of Labor Statistics, only 3.9% of construction workers identify as women. Meanwhile, a separate study by Dodge Construction Network on “Diversity, Equity and Inclusion in Design and Construction” shows that, among smaller firms, only 2% report having clear standards for increasing diversity that are also used to improve advancement. Several […]

In November of last year, analysts at Dodge Construction Network predicted that the United States would “narrowly avoid recession,” alongside a slowdown in economic growth. While the firm holds true to that prediction in its new 2022 year-end report, analysts now say that those in the construction sector “can expect to feel elements of a […]

Richard Branch, chief economist at Dodge Construction Network, says single-family construction is at risk in 2022 after two years of 14% growth in 2020 and 2021. With rising prices and mortgage rates, affordability is currently at a 14-year low, and paired with material prices and labor shortages, it’s a “challenging time for single-family home construction.” […]