Dodge 2014 Construction Outlook. Cliff Brewis Senior Director Operations. U.S. Macroeconomic Outlook. On balance, the pace of economic expansion remains lackluster. GDP Pattern : History Forecast 2010 2011 2012 2013 2014
Senior Director Operations
On balance, the pace of economic expansion remains lackluster.
Employment growth has also been tepid.
Three unique markets
Source: Bureau of Labor Statistics
The Dodge Momentum Index offers insight on what’s ahead.
Percent Change, 2009-2014, for Total Construction Starts and Major Sectors.
Continued strong contribution
Occupancy and revenue per room are up
We expect consolidations to limit construction
Bottomed out, but not recovering yet.
Expected to soften after 2014