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D-FW construction starts turned positive in the first quarter


D-FW construction starts turned positive in the first quarter
After big 2020 building start declines because of COVID, North Texas construction activity is bouncing back.
D-FW construction starts were up 7% in the first three months of 2021.(Smiley N. Pool / Staff Photographer)
1:56 PM on Apr 29, 2021 CDT
North Texas construction starts turned the corner in the first quarter of 2021 after big declines during the worst of the pandemic.
Starts for residential and commercial buildings in the Dallas-Fort Worth area were up 7% in the first three months compared with first-quarter 2020 totals, according to the latest report by Dodge Data & Analytics.
In 2020, the D-FW area saw a 20% decline in construction activity because of COVID-19. ....

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2021 State of the Construction Industry Report


2021 State of the Construction Industry Report
Experts from several construction industry associations share their views on what they expect to see in the construction industry for the remainder of 2021.
April 30, 2021
2020 is behind us, but there is still a lot of uncertainty lingering in our future. For the construction industry, the pandemic and its aftermath have caused plenty of issues, affecting nearly all aspects of the industry.
While there seems to be a light at the end of the tunnel, construction is still feeling the impact. Despite this uncertainty, construction businesses still need to plan as best as they can for the remainder of 2021. ....

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March Sees Increase in Construction Starts, But Rising Material Prices Threaten Recovery


April 22, 2021
Total construction starts rose 2 percent in March to a seasonally adjusted annual rate of $825.3 billion, according to Dodge Data & Analytics. A solid gain in nonresidential building starts fueled the March gain. The Dodge Index rose 2 percent in March, to 175, 2000=100, from February’s 172. Regionally, March’s starts rose in the West, South Central, and Northeast regions, but fell in the Midwest and South Atlantic regions.
“The March increase in construction starts is certainly welcome news following the past three months of decline,” says Richard Branch, chief economist for Dodge Data & Analytics. “Construction will continue to improve as the year moves on. However, just as the pandemic is beginning to loosen its grip on the economy, logistical problems and the rapid escalation in material prices have stepped in as the primary risk to the construction sector. These issues may restrain opportunity in the coming months, causing the sector’s r ....

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