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New Construction Starts in 2019 to Hold Steady with 2018 Amount, According to Dodge Data & Analytics

NATIONAL HARBOR, MD – October 25, 2018 – Dodge Data & Analytics today released its 2019 Dodge Construction Outlook, a mainstay in construction industry forecasting and business planning. The report predicts that total U.S. construction starts for 2019 will be $808 billion, staying essentially even with the $807 billion estimated for 2018. “Over the past three years, the expansion for the U.S. construction industry has shown deceleration in its rate of growth, a pattern that typically takes place as an expansion matures,” stated Robert A. Murray, chief economist for Dodge Data & Analytics. “After advancing 11% to 14% each year…

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2019 Engineering and Construction Industry Outlook

As we move into the final year of a decade that has seen its share of peaks and valleys, there is no doubt that our industry is an active participant in building the future of the modern world. Overall growth in 2018 for the US engineering and construction industry is projected to be around 5 percent and is likely to accelerate further going into 2019.  Mergers and acquisitions are positioned for a strong 2019, following an active year, which to date has seen 344 deals with a total value of more than $20 billion. Driving this activity are the proliferation…

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Securing US Truck Contract Capacity to Dominate 2019

Chuck Hammel doesn’t know what 2019 will bring, but he knows his trucking company has to prepare for it. “Really, who can look that far ahead?” he told JOC.com at Pitt Ohio Group headquarters in Pittsburgh in mid-October. “You can’t predict the future, but you do have to be ready for it. The best thing I can do is ensure my company is prepared.” Heading into 2019, US shippers, their partners, and suppliers should all cleave to the Boy Scout motto, coined by Robert Baden-Powell in 1907: be prepared. “We have to plan for a robust 2019 and for a…

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JM’s Top Webinars from 2018

We had a lot of great webinars in 2018, and we’ve taken a few minutes to dig into which ones were the most popular. Below, we’ve outlined our top three webinars from the year. You can find all of them on The Source or link directly to them from the article below. CUI Test Results: Understanding the Corrosive Mechanism: Our most popular webinar for the year built on the latest, ground-breaking CUI research that explores how insulation influences corrosion in long-term test environments designed to replicate real-world conditions. The latest research explores how calcium silicate, expanded perlite, and silica aerogel perform…

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2019 Industrial Manufacturing Industry Outlook

The industrial manufacturing industry has continued to have solid performance amidst a number of dynamic forces shaping the market, such as a potential trade war, skilled talent shortages, and straining supply chains. Read about the continuing transformation of the industry in Deloitte’s 2019 Industrial Manufacturing Industry Outlook, a take from Paul Wellener, US Industrial Products & Construction leader, Deloitte LLP. Click here for Deloitte's full report on the industrial manufacturing industry forecast for 2019.  https://news.jm.com/blog/industrial-insulation/2019-industrial-manufacturing-industry-outlook

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Oil and Gas Outlook 2019: Output Cuts to Correct Market

2018 proved to be a volatile year for the energy sector, especially oil. Despite many predicting that the year would offer price stability for the space, the opposite proved true. The oil market saw wild price fluctuations this year. Brent crude started strong in January, trading at US$66.87 a barrel, then soared to a yearly high of US$84.16 in October before dropping to its 2018 low of US$59.04 in November. The year played out very much the same for WTI crude, which started the year with upward movement from its January price of US$60.42 a barrel. In October, it hit…

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