1 / 16

Dodge 2014 Construction Outlook

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

bendek
Download Presentation

Dodge 2014 Construction Outlook

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Dodge 2014Construction Outlook Cliff Brewis Senior Director Operations

  2. U.S. Macroeconomic Outlook On balance, the pace of economic expansion remains lackluster. • GDP Pattern: • History Forecast • 2010 20112012 20132014 • +2.5% +1.8% +2.8% +1.6% +2.7% • Shape of Recovery: • Private Sector Dependency • Sequestration • Government Uncertainty • Fed Tapering • Improving Local Conditions

  3. U.S. Macroeconomic Outlook Employment growth has also been tepid.

  4. State Performance: Employment Three unique markets Source: Bureau of Labor Statistics

  5. U.S. Construction Market Outlook – The Dodge Momentum Index offers insight on what’s ahead.

  6. U.S. Construction Market Outlook – Percent Change, 2009-2014, for Total Construction Starts and Major Sectors. Residential • Single Family • Multifamily Nonresidential • Stores • Offices • Hotels • Other Commercial • Manufacturing • Education • Healthcare • Other Institutional Nonbuilding • Highways & Bridges • Environmental Public Works • Other Public Works • Electric Utilities 2013 Value .

  7. Los Angeles/Orange County: Single Family Continued strong contribution ‘$000.00

  8. Los Angeles/Orange County: Multi Residential Continued strength. ‘$000.00

  9. Los Angeles/Orange County: Retail Modest recovery ‘$000.00

  10. Los Angeles/Orange County: Hotel Occupancy and revenue per room are up ‘$000.00

  11. Los Angeles/Orange County: Health We expect consolidations to limit construction ‘$000.00

  12. Los Angeles/Orange County: Education Bottomed out, but not recovering yet. ‘$000.00

  13. Los Angeles/Orange County: Highways Expected to soften after 2014 ‘$000.00

  14. Los Angeles/Orange County: Totals Unquestionable Improvement ‘$000.00

  15. QUESTIONS? • Cliff Brewis • Senior Director Operations • McGraw-Hill Construction/Dodge • 510.566.0913 • Cliff.brewis@mhfi.com

More Related