McGraw-Hill Construction Broadens Availability of Industry Intelligence by Creating E-Commerce Store With Analytic Forecasts and Trend Analysis
Partners with ECNext to Offer Analytic Tools and Information to Firms Large
and Small in the $4 Trillion Construction Industry
NEW YORK, Dec. 20 /PRNewswire/ -- McGraw-Hill Construction launched a new online store, http://www.analyticsstore.construction.com, dedicated to providing access to more than 8,000 of its analytic offerings, including forecasts, trend analysis, historical reviews, and market snapshots. The new store, operated by ECNext, provides easy online access to lower-priced items that can give forecast or historical information on a state or metro area or a snapshot of a particular market, such as healthcare or green building. In California, for example, McGraw-Hill Construction forecasts that construction will increase by $1.6 billion or 2% in 2006 compared to 2005, with the largest forecasted growth coming from construction of manufacturing plants, dormitories, and bridges. According to Harvey M. Bernstein, Vice President, Industry Analytics & Alliances for McGraw-Hill Construction that is just one of the facts that can be found in these online reports. "Small business owners are limited in their time and resources. By providing these resources, based on sound economic models and the McGraw-Hill Construction proprietary database of construction starts, we can give a business or organization of any size access to information on a particular state or metropolitan area," Bernstein states. The analytic offerings McGraw-Hill Construction provides on their new store include: -- Forecasts: * MarketLook: Forecasts of the industry at the local metro or state level across sectors * Construction Market Forecast Service: National forecast for five years for a particular construction industry sector * Subcontractor Potentials: Two-year forecast and two-year history of one of 19 subcontractor trades (such as carpentry) for a metro area or state * Metropolitan Construction Insight: Synopsis of forecasts, starts and trends for a specific metropolitan area -- SmartMarket Reports: * Green Building (2006): Sizing and trends of the green building marketplace * Healthcare (2005): Snapshot of the healthcare construction marketplace -- Historical reviews: * MarkeTrack: Historical review of the market for a metro area or state with square footage, value, units and starts by sector * Contractor Potential Bulletins: Historical review for a state or metro area by sector These analytic offerings are created McGraw-Hill Construction's 40-person group of economists, engineers, analysts, and market research professionals using the project data collected into McGraw-Hill Construction's database of construction starts, which at any one time contains over 600,000 projects across the U.S. McGraw-Hill Construction has been compiling statistics on construction since the early 1900s and has a comprehensive database dating back to the 1960s that remains active today, providing accurate data for trend and historical analysis. McGraw-Hill Construction's statistics are a key input to the U.S. Bureau of the Census' construction value-in-place series, and its construction starts are tracked by the Federal Research Board and regional banks to monitor activity for the industry. "ECNext is proud to be a partner in getting this information out to the industry," reports ECNext President and CEO Pamela Springer. "Our goal is to help industry leaders, such as McGraw-Hill Construction, who have millions of high quality pieces of content, to get all of their products into search engines using online marketing tools so that end users can find it." Some industry associations agree. "Easy access to this type of comprehensive intelligence is what our members are looking for," states Ronald Worth, President & CEO of the Society for Marketing Professional Services. "As marketers, our members are looking for the opportunities in the industry as well as what has performed well in the past. McGraw-Hill Construction has the expertise and a long history of providing this information, and this new on-line store makes it even easier for the industry to be informed and plan strategically." About McGraw-Hill Construction McGraw-Hill Construction, part of The McGraw-Hill Companies (NYSE: MHP), connects people, projects and products across the design and construction industry. From project and product information to industry news, trends and forecasts, the Company provides industry players the tools, resources and applications that help them save time, money, and energy, especially through the new McGraw-Hill Construction Network. Backed by the power of Engineering News-Record (ENR), Dodge, Sweets, Architectural Record, MyHouse, and 12 regional publications, McGraw-Hill Construction serves more than one million customers within the $4 trillion global construction community. For more information, visit http://www.construction.com. About The McGraw-Hill Companies Founded in 1888, The McGraw-Hill Companies is a leading global information services provider meeting worldwide needs in the financial services, education and business information markets through leading brands such as Standard & Poor's, BusinessWeek and McGraw-Hill Education. The Corporation has more than 300 offices in 40 countries. Sales in 2004 were $5.3 billion. Additional information is available at http://www.mcgraw-hill.com.RELATED LINKS
SOURCE McGraw-Hill Construction
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