Contract extends longstanding relationship to generate key economic measure
NEW YORK – January 3, 2018 – Dodge Data & Analytics has been awarded a multi-year contract to continue providing data for U.S. Construction Projects Started to the U.S. Department of Commerce Census Bureau. The Dodge projects are a key input to the Nonresidential Construction Spending process that tracks the monthly value of Construction Put in Place. Each month, the Census Bureau samples projects from the Dodge universe of newly started projects to survey builders regarding the amount of work completed on their projects during the prior month, and continues to survey them each month until construction is completed. From these surveys of the Dodge projects, the Census Bureau develops its estimates of the value of national nonresidential construction spending, which in turn contribute to the calculations done each quarter by the Bureau of Economic Analysis (BEA) to create the U.S. GDP figures.
“Dodge is very pleased to once again be awarded this multi-year contract with the Census Bureau. We are proud of our decades-long relationship with the Bureau and the contribution that our data makes to developing this important measure of such a key sector of the U.S. economy,” said Mike Petrullo, Chief Executive Officer, Dodge Data & Analytics.
Dodge Data & Analytics is North America’s leading provider of commercial construction project data, market forecasting & analytics services and workflow integration solutions for the construction industry. Building product manufacturers, architects, engineers, contractors, and service providers leverage Dodge to identify and pursue unseen growth opportunities that help them grow their business. On a local, regional or national level, Dodge empowers its customers to better understand their markets, uncover key relationships, seize growth opportunities, and pursue specific sales opportunities with success. The company’s construction project information is the most comprehensive and verified in the industry.
As of April 15th, Dodge Data & Analytics and The Blue Book -- the largest, most active network in the U.S. commercial construction industry -- combined their businesses in a merger. The Blue Book Network delivers three unparalleled databases of companies, projects, and people.
Dodge and The Blue Book offer 10+ billion data elements and 14+ million project and document searches. Together, they provide a unified approach for new business generation, business planning, research, and marketing services users can leverage to find the best partners to complete projects and to engage with customers and prospects to promote projects, products, and services. To learn more, visit: construction.com and thebluebook.com.
Eric Becker | 104 West Partners | email@example.com
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