subscribe to ENR magazine subscribe
contact us
careers industry jobs
events events
Dodge Data & Analytics
ENR Logo
Web access will be provided
as part of your subscription.

Weak Markets Show Some Signs of Bottoming Out

Text size: A A

Through the first four months of 2009 the total value of construction starts reached $117 billion, which was 39% less than the first four months of last year, according to McGraw-Hill Construction. “The pattern of construction starts over the past two months suggests a transition from extended declines to more of an up-and-down pattern, which generally takes place when a bottom gets established,” says Robert Murray, MHC’s chief economist. “This process of establishing a bottom is still in its early stages.” The public-works market is expected to see more strength as the impact of the stimulus bill begins to emerge. The worst corrections appear to have passed for single-family housing, and institutional buildings show some resilience, says Murray.

Weak Markets Show Some Signs of Bottoming Out
Source: Mcgraw-Hill Construction Analytics. Construction Contract Value Cumulative Year-To-Date Through April 2009.
----- Advertising -----
----- Advertising -----
  Blogs: ENR Staff   Blogs: Other Voices  
Critical Path: ENR's editors and bloggers deliver their insights, opinions, cool-headed analysis and hot-headed rantings
Project Leads/Pulse

Gives readers a glimpse of who is planning and constructing some of the largest projects throughout the U.S. Much information for pulse is derived from McGraw-Hill Construction Dodge.

For more information on a project in Pulse that has a DR#, or for general information on Dodge products and services, please visit our Website at

Information is provided on construction projects in following stages in each issue of ENR: Planning, Contracts/Bids/Proposals and Bid/Proposal Dates.

View all Project Leads/Pulse »

 Reader Comments:

Sign in to Comment

To write a comment about this story, please sign in. If this is your first time commenting on this site, you will be required to fill out a brief registration form. Your public username will be the beginning of the email address that you enter into the form (everything before the @ symbol). Other than that, none of the information that you enter will be publically displayed.

We welcome comments from all points of view. Off-topic or abusive comments, however, will be removed at the editors’ discretion.