New Construction Starts in December Pull Back 16 Percent; Annual Total for 2014 Advances 7 Percent to $575.3 Billion
New construction starts in December retreated 16% to a seasonally adjusted annual rate of $568.2 billion, according to Dodge Data & Analytics.
Dodge Data & Analytics' ENR New York (newyork.construction.com) will examine the changing landscape of healthcare construction at its sixth annual conference, "THE PULSE," to be held February 27, 2015 at the City University of New York Graduate Center in New York. To register, visit construction.com/events/2015/healthcare-ny/register.asp.
The Dodge Momentum Index rose in December, increasing 4.0% from arevised 123.8 in November to 128.7 in December according to Dodge Data & Analytics.