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Dodge Data & Analytics to Preview New Sweets App for AutoCAD at AIA Convention

Posted on May 22, 2016 at 10:00 AM Comments comments (5)

NEW YORK – May 17, 2016 – Dodge Data & Analytics will preview its new Sweets app for Autodesk AutoCAD software at the American Institute of Architects (AIA) Convention in Philadelphia May 19-21 at the Pennsylvania Convention Center, booth #3939.

The Sweets app – which follows a version for Revit released earlier this year – will give more than one million architects and design professionals fully integrated access to an extensive building product database, allowing them to search, select and tag product data from more than 30,000 listed products directly into their designs. By mid-June, Sweets will contain more than 50,000 products and by the end of September, product count will exceed 100,000.

The Sweets app is a key component of Dodge’s commitment to simplify design professionals’ workflow by delivering Sweets’ richly annotated products right into their design tools. Sweets for Revit provides product integration for the 3-D design software’s 400,000-strong user base, while Sweets for AutoCAD offers support for 2-D design projects and will be available to 1.5 million AutoCAD users worldwide.

“Sweets for AutoCAD brings seamless product integration to the world’s largest software community of architects and designers,” said Mike Petrullo, Chief Executive Officer, Dodge Data & Analytics. “Combined with our Sweets app for Revit launched earlier this year, this brings us closer to creating the most extensive, intuitive and efficiency-enhancing product-selection solutions for the design and build community.”

The app brings building product manufacturers closer to designers and architects by integrating product selection directly into design workflow. In addition to Allegion and C/S Group, early implementers in the building product manufacturer community include Sloan, Armstrong Ceilings, Excel Dryer, and Maxxon Corporation.

The Sweets database includes the most complete source of CAD files, specs and manufacturer’s building information modeling (BIM) content, including finishes, masonry, plumbing, wood, plastics, composites, metals, concrete, earthwork, exterior improvements, utilities, specialties and more. Architects, designers and building product manufacturers are invited to preview the new app in oneon- one demonstrations throughout the show. Visit Dodge Data & Analytics at booth #3939.

AIA will also host Dodge senior director of industry insights research Steve Jones as a speaker in four AIA learning sessions May 19-20. Jones, a recognized expert on how emerging economic and technology innovations and trends are transforming the global design and construction industry, will speak on managing project uncertainty and expectations, building a global, sustainable practice, green residential trends in construction and game-changing ideas in architecture and design. Attendees will receive Continuing Education Unit (CEU) credits for the sessions.

In addition to hundreds of speaking engagements around the world and numerous articles in industry publications, Jones authors many of Dodge Data & Analytics’ SmartMarket Reports on key industry trends, which are widely read and cited as authoritative references.

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About Dodge Data & Analytics: Dodge Data & Analytics is the leading provider of data, analytics, news and intelligence serving the North American construction industry. The company’s information enables building product manufacturers, general contractors and subcontractors, architects and engineers to size markets, prioritize prospects, target and build relationships, strengthen market positions, and optimize sales strategies. The company’s brands include Dodge, Dodge MarketShareTM, Dodge BuildShare®, Dodge SpecShare®, Sweets, and ConstructionPoints. To learn more, visit www.construction.com.

March Construction Eases Back One Percent

Posted on April 30, 2016 at 10:15 PM Comments comments (0)

NEW YORK – April 22, 2016 – At a seasonally adjusted annual rate of $660.5 billion, new construction starts in March receded 1% from February’s pace, according to Dodge Data & Analytics. Total construction starts had jumped 13% in February, led by a huge gain for the electric utility and gas plant category. While the dollar amount of electric utility and gas plant starts fell considerably in March, accompanied by a pullback for public works, the latest month featured a substantial increase for nonresidential building as this sector is providing more evidence that it’s regaining upward momentum. In addition, residential building in March registered moderate growth, helped by the continued strength for multifamily housing. During the first three months of 2016, total construction starts on an unadjusted basis were $141.7 billion, down 10% from the same period a year ago that included the start of several massive power plants and liquefied natural gas (LNG) export terminals. If the volatile electric utility and gas plant category is excluded, total construction starts on a seasonally adjusted basis in March would be up 4% from February, while the year-to-date comparison on an unadjusted basis would show just a modest 4% decline.

The March data produced a reading of 140 for the Dodge Index (2000=100), compared to a revised 142 for February. Both February and March came in higher than the sluggish 126 average for the Dodge Index during the previous seven months. “While March construction activity was down slightly from February, it stayed above the lackluster performance witnessed during the second half of last year that continued through January,” stated Robert A. Murray, chief economist for Dodge Data & Analytics. “What’s noteworthy about the March report is the renewed strength shown by nonresidential building, and in particular its institutional building segment. Nonresidential building had settled back 5% in 2015 after its 24% surge in 2014, reflecting not only a steep 36% plunge for manufacturing plant construction but also a slight 1% decline for institutional building. The strength shown by institutional building in March provides some indication that it’s beginning to shift back into expansion mode, helped by growth for educational facilities as well as by the start of several large transportation terminal projects. Assuming this pattern gets repeated over the course of 2016, it would be an important factor behind nonresidential building reestablishing an upward trend.”

Nonresidential building in March climbed 23% to $228.1 billion (annual rate), strengthening for the second month in a row after February’s 5% gain. The institutional building group in March soared 44%, with most of the structure types reporting growth. Leading the way was the transportation terminal category, up 339%, as it was lifted by the start of two very large projects – $663 million for work on the rail terminal caverns at Grand Central Station in New York NY and $537 million for the new North Terminal building at Louis Armstrong International Airport in New Orleans LA. Other large transportation terminals included as March starts were the $132 million Andrews Federal Center bus garage in the Washington DC area and the $112 million Terminal 4 expansion at Fort Lauderdale-Hollywood FL International Airport. Educational facilities, the largest nonresidential building category by dollar volume, advanced 20% in March. Several large university buildings reached groundbreaking, including a $131 million research building at the University of Kentucky in Lexington KY and the $110 million seismic replacement of Tolman Hall at the University of California Berkeley. The amusement and recreational category had a strong March, rising 38% with the boost coming from the $284 million casino portion of the $630 million Montreign Resort and Casino in Kiamesha Lake NY and the $192 million casino portion of the $500 million MGM Resort and Casino in Springfield MA. The public buildings category and healthcare facilities rebounded from weak February amounts, rising 55% and 53% respectively. Church construction, sliding 54% in March, ran counter to the general upward trend for institutional building.

The commercial categories as a group increased 5% in March, reflecting a mixed pattern by project type. Hotel construction rose 47%, lifted by the $332 million hotel portion of the Montreign Resort and Casino, and support was also provided by the $78 million hotel portion of the Springfield MA MGM Resort and Casino. Other large hotel projects included as March starts were the $285 million expansion of the Pechanga Resort and Casino in Temecula CA and the $217 million Turnberry JW Marriott Hotel in Nashville TN. Store construction in March increased 19%, reflecting the $140 million renovation of the Fashion Outlets of Philadelphia mall in Philadelphia PA and the $116 million retail space expansion at TD Boston Garden in Boston MA. On the negative side, office construction retreated 27% in March after its 26% hike in February. Despite the decline, several large office projects were included as March starts, such as $293 million for work at the Toyota Corporate Campus project underway in Plano TX and a $131 million office building in Atlanta GA. Warehouse construction also retreated in March, slipping 13%. The manufacturing plant category showed improvement after its weak February amount, rising 20% with the push coming from such projects as a $335 million carbon fiber production plant in Moore SC and the $220 million Volvo auto assembly plant (phase 1) in Ridgeville SC.

Residential building, at $292.0 billion (annual rate), grew 3% in March. Multifamily housing increased 15%, bouncing back following a 6% decline in February, as it continues to proceed at a brisk pace. There were 12 multifamily projects valued at $100 million or more that reached groundbreaking in March, led by two projects in New York NY valued at $404 million and $308 million respectively. Other large multifamily projects that reached groundbreaking were a $305 million condominium tower in Sunny Isles Beach FL, a $243 million condominium tower in Miami FL, and the $229 million Transbay Block 9 multifamily development in San Francisco CA. During the first three months of 2016, the leading metropolitan areas in terms of the dollar amount of multifamily starts were the following – New York NY, Miami FL, Boston MA, San Francisco CA, and Los Angeles CA. The New York NY metropolitan area comprised 25% of the national multifamily dollar amount during the January-March period, staying close for now to the 27% share that was reported for the full year 2015. Single family housing in March slipped 2%, essentially remaining close to its February pace. By major region, March showed this pattern for single family housing relative to February – the Northeast, up 6%; the South Atlantic, up 2%; the West, down 2%; the South Central, down 4%; and the Midwest, down 10%.

Nonbuilding construction in March fell 30% to $140.4 billion (annual rate), after surging 50% in February. The electric utility and gas plant category retreated 38% from its exceptional February amount, which included the $3 billion third segment (or train) of an LNG export terminal in Freeport TX as well as the start of several very large power plants. Even with the decline, the level of activity for the electric utility and gas plant category was still fairly high in March, coming in only 3% below the average monthly pace reported during 2015. The latest month included the start of six large solar power projects, located in California (two projects valued at $850 million and $418 million respectively), Utah ($450 million), Texas ($298 million), Idaho ($200 million), and Alabama ($200 million). Other large power-related projects included as March starts were a $382 million transmission line in Wisconsin, a $275 million natural gas-fired power plant in North Carolina, and a $250 million retrofit of three coal-fired power plants in Alabama. The public works categories as a group witnessed a reduced level of construction starts in March, sliding 24% from February, and down from the generally improved activity reported during the closing months of 2015. Highway and bridge construction experienced a comparatively mild 8% pullback, while steeper declines were reported for the environmental public works categories – water supply systems, down 27%; sewers, down 31%; and river/harbor development, down 52%. The miscellaneous public works category, which includes such diverse project types as pipelines and rail-related work, fell 40% in March following its 16% gain in February.

The 10% decline for total construction starts on an unadjusted basis during the first three months of 2016 compared to last year was due to a varied pattern by major sector. Nonresidential building dropped 9% year-to-date, with manufacturing plant construction down 53%, the institutional building segment down 9%, while the commercial building segment ran counter with a 5% gain. Residential building grew 12% year-to- date, with similar growth for single family housing, up 11%; and multifamily housing, up 13%. Nonbuilding construction plummeted 34% year-to-date, with public works down 28% and electric utilities/gas plants down 42%. The reduced amounts for public works and electric utilities/gas plants so far in 2016 are relative to particularly strong activity during the first three months of 2015, with respective gains of 18% and 439% compared to the same period of 2014. By geography, total construction starts for the January-March period of 2016 showed a 37% drop for the South Central region, which last year included the start of several massive LNG terminal projects. The other four regions registered this year-to-date pattern for total construction starts – the South Atlantic, no change; the Midwest, up 1%; the Northeast, up 7%; and the West, up 9%.

Further perspective comes from looking at twelve-month moving totals, in this case the twelve months ending March 2016 versus the twelve months ending March 2015. On this basis, total construction starts were up a slight 0.4%, as the result of this behavior by major sector – nonresidential building, down 10%; residential building, up 14%; and nonbuilding construction, down 5%. By geography, the twelve months ending March 2016 revealed this pattern for total construction starts – the Northeast, up 14%; the Midwest and West, each up 4%; the South Atlantic, up 1%; and the South Central, down 14%.

construction-starts-march-2016

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About Dodge Data & Analytics: Dodge Data & Analytics is the leading provider of data, analytics, news and intelligence serving the North American construction industry. The company’s information enables building product manufacturers, general contractors and subcontractors, architects and engineers to size markets, prioritize prospects, target and build relationships, strengthen market positions, and optimize sales strategies. The company’s brands include Dodge, Dodge MarketShare™, Dodge BuildShare®, Dodge SpecShare®, Sweets, and ConstructionPoints. To learn more, visit www.construction.com.

 

Media Contact: Susan Peterson, Marketing | Communications, Dodge Data & Analytics, +1-347-523-4570, [email protected]

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Study Finds Global Green Building is Expected to Double by 2018

Posted on April 23, 2016 at 1:45 AM Comments comments (0)

Strong Growth Anticipated Globally and in U.S. Green Building Market, but Nation Lags Globally in Measuring the Benefits of Building Green

NEW YORK – Feb. 16, 2016 – Companies involved in U.S. construction plan on intensifying their involvement in green building over the next three years, according to the new World Green Building Trends Study from Dodge Data & Analytics, conducted with support from United Technologies Corp. (NYSE:UTX) and its UTC Climate, Controls & Security business. The U.S. is also one of the global leaders in the percentage of firms expecting to construct new green institutional projects and green retrofits of existing buildings.

The global study, which received additional support from Saint-Gobain, the U.S. Green Building Council and the Regenerative Network, positions the U.S. as a strong participant in the global green movement. Responses from more than 1,000 building professionals from 60 countries place the U.S. green industry in context. The study also provides specific comparisons with 12 other countries from which a sufficient response was gained to allow for statistical analysis: Australia, Brazil, China, Colombia, Germany, India, Mexico, Poland, Saudi Arabia, Singapore, South Africa and the United Kingdom.

According to the report, U.S. construction should see an increase in the share of green work in the next few years, largely as a result of companies intensifying their involvement in the green building industry. An increasing percentage of respondents projected that more than 60 percent of their projects would be green projects - from 24 percent of respondents in 2015 to 39 percent in 2018. Respondents projecting that fewer than 15 percent of their projects would be certified green plummeted from 41 percent in 2015 to 27 percent by 2018.

While this increased share of green building is impressive, it is significantly less than many developing countries included in the survey. For example, Brazil expects six-fold growth (from 6 percent to 36 percent) in the percentage of companies conducting a majority of their projects green; five-fold growth is expected in China (from 5 percent to 28 percent); and fourfold growth is expected in Saudi Arabia (from 8 percent to 32 percent).

“The strong U.S. industry for green building projects is clearly an opportunity for U.S. firms, but so is the rapid rise of green in many of the developing countries,” said Stephen Jones, Senior Director of Industry Insights, Dodge Data & Analytics. “Expertise from experienced green designers, builders and manufacturers from the U.S. is likely to be essential to support the aggressive green building expectations revealed by the study respondents.”

In the U.S., the highest percentage of respondents report that they expect to work on new green institutional projects (such as schools, hospitals and public buildings), green retrofits of existing buildings and new green commercial construction (such as office and retail buildings) in the next three years. When compared with global averages, it becomes clear that the U.S. is a leader in new green institutional construction and green retrofits of existing buildings.

• 46 percent of U.S. respondents expect to work on new green institutional buildings, compared to 38 percent globally;

• 43 percent of U.S. respondents plan to work on green retrofits of existing buildings, again well above the global average of 37 percent.

The U.S. is also distinguished from the global findings in terms of the importance it places on reducing energy consumption as an environmental reason for building green. Over three quarters (76 percent) of U.S. respondents consider this important, nearly double the percentage of the next most important environmental factor, which is reducing water consumption. While the other 12 countries in the study prioritize the reduction of energy consumption, only Germany, Poland and Singapore do so to the same extent.

“The survey shows that global green building activity continues to double every three years,” said United Technologies Chief Sustainability Officer John Mandyck. “More people recognize the economic and productivity value that green buildings bring to property owners and tenants, along with the energy and water benefits to the environment, which is driving the green building industry’s growth. It’s a win-win for people, planet and the economy.”

The study demonstrates the benefits of building green, with median operating cost decreases for green buildings of 9 percent expected in just one year globally. Building owners also report seeing a median increase of 7 percent in the value of their green buildings compared to traditional buildings, an increase that is consistent between newly built green buildings and those that are renovated green. These business benefits are a critical driver for the growth of green building anticipated globally.

The U.S. is also notable for having the lowest percentage of respondents who report that their company uses metrics to track green building performance. Only 57 percent of U.S. respondents report using metrics, compared to a 75 percent average globally. This may be linked to the fact that the U.S. is also the country with the highest level of concern reported about higher perceived first costs for green building, notably more than the percentage who consider this an important challenge to green in other developed countries with active construction markets like Germany and the U.K.

To download the full study “World Green Building Trends 2016: Developing Markets Accelerate Global Green Growth SmartMarket Report,” visit

http://analyticsstore.construction.com/smartmarket-reports/2016WorldGreen.html?sourcekey=PRESREL .

To download the U.S. report, visit

http://analyticsstore.construction.com/smartmarket-reports/WorldGreen2016_US?sourcekey=PRESREL.

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About Dodge Data & Analytics

Dodge Data & Analytics is the leading provider of data, analytics, news and intelligence serving the North American construction industry. The company’s information enables building product manufacturers, general contractors and subcontractors, architects and engineers to size markets, prioritize prospects, target and build relationships, strengthen market positions, and optimize sales strategies. The company’s brands include Dodge, Dodge MarketShare™, Dodge BuildShare®, Dodge SpecShare® and Sweets. To learn more, visit http://www.construction.com.

About UTC Climate, Controls & Security

UTC Climate, Controls & Security is a leading provider of heating, ventilating, air conditioning and refrigeration systems, building controls and automation, and fire and security systems leading to safer, smarter, sustainable and high-performance buildings. UTC Climate, Controls & Security is a unit of United Technologies Corp., a leading provider to the aerospace and building systems industries worldwide. For more information, visit www.CCS.UTC.com or follow @UTC_CCS on Twitter.

 

Construction Industry is Split Across a Safety Culture Spectrum

Posted on April 18, 2016 at 9:40 PM Comments comments (0)

Contractors at the top end of the spectrum report experiencing higher project quality, greater impact of safety on their project ROI and better ability to retain and attract new staff than those at the low end of the spectrum.

NEW YORK – April 12, 2016 – A new study from Dodge Data & Analytics establishes a safety culture spectrum based on the performance of 254 U.S. contractors on 33 leading indicators of a safety culture. The new Building a Safety Culture SmartMarket Report, available for free download at http://analyticsstore.construction.com/smartmarket-reports/Safety2016.html and produced in partnership with CPWR (The Center for Construction Research and Training) and United Rentals, along with 12 other supporting and contributing organizations, examines the wider use of safety management practices in the construction industry and more frequently achieved benefits for contractors at the high end of the safety culture spectrum compared to those at the low end. The contrast of the findings of the current study with a previous safety study conducted by Dodge Data & Analytics in 2012 also reveals that contractors are reporting more benefits from their investments in safety management practices in general and that there is wider recognition of the importance of actively engaging jobsite workers to improve project safety.

Currently, across the construction industry, nearly one-third (32%) of contractors fall in the high end of the safety culture spectrum, based on their level of use of the 33 leading indicators; over one-third (35%) are in the moderate level and exactly one-third (33%) are at the low end of the spectrum. Many more companies at the high end of the spectrum report impressive business benefits resulting from their safety investments than those at the low end, including:

Improved Project Quality (88% at the high end versus 56% on the low end)

Increased Project ROI (75% at the high end versus 38% at the low end)

Improved Staff Retention (79% versus 45%)

Greater Ability to Attract New Staff (67% versus 27%)

In the current market, the ability to attract and retain staff is becoming increasingly important for companies to stay competitive, while project quality contributes directly to client satisfaction and increased project ROI is a strong business benefit. “The findings make a strong case for companies to actively nurture a strong safety culture at their organization,” says Stephen Jones, Senior Director of Industry Insights Research at Dodge Data & Analytics. “The leading indicators featured in the report also provide a roadmap that companies can use to improve the safety culture at their companies, in areas like management commitment to safety, embracing safety as a fundamental company value and worker involvement in jobsite safety.”

In addition, a comparison of the findings in the current study to the one conducted in 2012 reveals much better performance in several areas. For example, the percentage of contractors who find that safety investments increased their ability to contract new work increased 10 percentage points from the previous study to 76%, a strong business benefit. The same jump occurred in the percentage that had reduced reportable injuries (81%). The most striking leap was among those who find that their safety investments increase their ability to retain staff, which was up 18 percentage points to 64%.

“Strong majorities of the respondents indicated that they have adopted sound occupational safety and health practices in order to reduce liability concerns and avoid potential business disruptions,” remarks Pete Stafford, Executive Director at CPWR. “But it’s especially pleasing to see that in 2015 -- as in 2012 -- the leading driver for continuous improvement was concern for their workers’ well-being.”

Several report findings point to an important shift in the construction industry since 2012 in the recognition of the importance of the role jobsite workers play in increasing project safety.

The most telling is that jobsite worker involvement is now the most widely recognized aspect of a world-class safety program, selected by 85%, a leap up of 19 percentage points above the 2012 findings.

The highest percentage (64%) also ranks jobsite workers as one of the three most influential roles for improving safety.

Jobsite workers are also now the role considered most impacted by safety training, a shift from second place in 2012.

James A. Dorris, Vice President - Environmental, Health & Safety at United Rentals, believes this finding demonstrates the shift in the construction industry to looking at safety as a value, rather than as a priority. “The significance in the shift of how jobsite worker involvement is seen underscores our need to make safety value-driven and personal. When workers are made a part of the process and are provided the tools and training they need to succeed, safety becomes recognized as the one thing that sets them -- and the company they work for -- apart from others. It’s what makes them world-class.”

Other top findings in the Building a Safety Culture SmartMarket Report include the most widely used indicators of a safety culture in the industry; the most effective safety practices and trends in safety training, including online training; and the most effective means of communicating safety messages to workers. In addition to premier partners CPWR and United Rentals, supporting research partners include Autodesk, ClickSafety and Procore, and contributing partners include the National Institute of Building Sciences and PCL Construction. Association partners include ABC, AGC, CURT, LCI, MCAA, NECA and SMACNA.

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About Dodge Data & Analytics: Dodge Data & Analytics is the leading provider of data, analytics, news and intelligence serving the North American construction industry. The company’s information enables building product manufacturers, general contractors and subcontractors, architects and engineers to size markets, prioritize prospects, target and build relationships, strengthen market positions, and optimize sales strategies. The company’s brands include Dodge, Dodge MarketShareTM, Dodge BuildShare®, Dodge SpecShare®, Sweets, and ConstructionPoints. To learn more, visit www.construction.com.

 

Media Contact: Susan Peterson, Marketing | Communications, Dodge Data & Analytics, +1-347-523-4570, [email protected]

Dodge Momentum Index Falls in March

Posted on April 18, 2016 at 9:25 PM Comments comments (0)

NEW YORK – April 7, 2016 – The Dodge Momentum Index fell 7% in March to 117.4 from its revised February reading of 126.4 (2000=100). The Momentum Index is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year. The decline in March is the first setback for the Index following three months of gains. Over the last 12 months the Index has been particularly volatile, increasing in seven months and dropping in five, mirroring the saw tooth pattern of growth in the overall economy. The March decline for the Index was due primarily to a steep 15% drop by institutional planning, while commercial planning fell less than one percent. Despite its stark retreat, institutional planning activity is 7% above its level in March 2015, while commercial planning is down 4% from last year. The overall Index is essentially even with its year-ago level.

In March, seven projects entered planning with a value that exceeded $100 million. For the commercial building sector, the leading projects were a $500 million shopping center in Los Angeles CA and a $113 million mixed-use building in Maspeth NY. For the institutional building sector, the leading projects were a $140 million hospital in Norfolk VA and a $135 million hospital in Santa Fe NM.

DMI-March-2016

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About Dodge Data & Analytics: Dodge Data & Analytics is the leading provider of data, analytics, news and intelligence serving the North American construction industry. The company’s information enables building product manufacturers, general contractors and subcontractors, architects and engineers to size markets, prioritize prospects, target and build relationships, strengthen market positions, and optimize sales strategies. The company’s brands include Dodge, Dodge MarketShareTM, Dodge BuildShare®, Dodge SpecShare®, Sweets, and ConstructionPoints. To learn more, visit www.construction.com.


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