Dodge 2014 Construction Outlook Cliff Brewis Senior Director Operations.

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Presentation transcript:

Dodge 2014 Construction Outlook Cliff Brewis Senior Director Operations

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

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

Construction and Employment 4 The recession impacted industry capacity

State Performance: Employment 5 Three unique markets Source: Bureau of Labor Statistics

U.S. Construction Market Outlook – 6 The Dodge Momentum Index offers insight on whats ahead.

7 U.S. Construction Market Outlook – Percent Change, , for Total Construction Starts and Major Sectors Value

Los Angeles/Orange County: Single Family 8 Continued strong contribution $000.00

Los Angeles/Orange County: Multi Residential 9 Continued strength. $000.00

Los Angeles/Orange County: Retail 10 Modest recovery $000.00

Los Angeles/Orange County: Hotel 11 Occupancy and revenue per room are up $000.00

Los Angeles/Orange County: Health 12 We expect consolidations to limit construction $000.00

Los Angeles/Orange County: Education 13 Bottomed out, but not recovering yet. $000.00

Los Angeles/Orange County: Highways 14 Expected to soften after 2014 $000.00

Los Angeles/Orange County: Totals 15 Unquestionable Improvement $000.00

QUESTIONS? Cliff Brewis Senior Director Operations McGraw-Hill Construction/Dodge

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