Cliff Brewis Vice President Operations Dodge Data & Analytics DODGE CONSTRUCTION FORECAST MID YEAR 2015.

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Presentation transcript:

Cliff Brewis Vice President Operations Dodge Data & Analytics DODGE CONSTRUCTION FORECAST MID YEAR 2015

U.S. Macroeconomic Outlook 2 First quarter has often been soft. GDP Pattern : History Forecast % +1.6% +2.3% +2.2% +2.2% +2.3% Shape of Recovery: Periods of moderate expansion have been followed by deceleration. Strength of Dollar complicates US Growth Limited International Growth Actions of the Fed

U.S. Construction Market Outlook – 3 The Dodge Momentum Index offers insight on what’s ahead.

4 U.S. Construction Market Outlook – Percent Change, , for Total Construction Starts and Major Sectors.. History Forecast 2014 Value

Arizona: Single Family Housing 5 Recovering but far below early 2000’s pace.

Arizona: Multifamily Housing 6 Very healthy sector but showing sings of leveling off.

Arizona: Office Buildings 7 Conservative level of recovery.

Arizona: Hotels 8 Conservative recovery.

Arizona: Retail 9 Are you noticing a trend on the private side: conservative investment.

Arizona: Warehouses 10 Expanding more rapidly than retail.

Arizona: Educational Buildings 11 The decline for the educational building category has ended, now turning up.

Arizona: Healthcare Buildings 12 Healthcare is surrounded by uncertainty.

Arizona: Highways 13 Difficult to find sources of funding.

Arizona: 14

Points of Perspective 15

Questions Cliff Brewis Vice President Operations Dodge Data and Analytics 16