Economist
Dodge Construction Network (Dodge) is seeking an Economist to join the team that develops and runs the econometric models that power the leading forecasts in the U.S. construction market. As an Economist at Dodge, you are responsible for analyzing and forecasting construction activity. In this role, you will contribute to the development of models that produce forecasts which are the basis for Dodge product offerings. The Economist will focus on data analysis, market research, and forecasting by providing reliable construction market forecasts, supporting data-driven decision-making to enhance products and services.
This is a full-time position and reports directly to the Associate Director of Forecasting.
Preferred Location
This is a remote, home-office based role and candidates located in the continental United States will be considered.
Travel Requirements
Expected travel is 20-30% for this role.
Essential Functions
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Run econometric models and contribute to model development to produce the construction forecasts that are the basis for DCN products
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Create ad-hoc economic models to analyze and predict the influence of construction market indicators
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Take partial ownership of a product line (CMFS, MCI, CCFS etc.)
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Specialize in selected construction sectors (within residential, nonresidential, or non-building construction markets) to contribute to the forecast and write about recent trends/expected developments in those sectors
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Work with senior team members and other internal Dodge groups to conduct extensive research on construction sectors to draw informed conclusions about what is driving the market and where the market is likely to head
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Interact with existing and potential customers - as well as Dodge sales representatives - to discuss construction data, our forecasts, their use, and interpretation
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Build programs for custom analysis, and estimate more complex econometric equations for model development
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Track forecast performance over time to ensure continuous improvement of our forecasts
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May be responsible for development and improvements of proprietary data and economic indicators
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Maintain ownership of specific regions to become a subject matter in those specific areas
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Assist in forecasting at the regional, state, and local levels
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Assist in writing summaries of the forecasts that are assigned
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Make significant contributions to the Dodge content, creating unique analysis and interpretations
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Make independent decisions on market and forecast outcome and provide justification for those decisions
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Engage with clients and stakeholders to address inquiries and provide guidance on the interpretation and utilization of construction data and forecasts
Education Requirement
Bachelor's degree in economics, a related social science, or equivalent education and a minimum of four years of work experience are required. An advanced degree with at least two years of relevant work experience is preferred.
Required Experience, Knowledge and Skills
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2+ years of relevant forecast experience
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Experience and some expertise in econometric modeling and forecasting
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Analytical skills to identify and explain underlying trends in construction markets
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Basic computer programming skills in EViews or similar software
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Familiarity with key macroeconomic trends and indicators
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Exceptional attention to detail
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Excellent written and verbal communication as well as internet research skills
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Able to work effectively in an independent, remote environment
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Skills in technical writing; synthesizing complex analytics into concise, high-value information to clients
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Strong interpersonal skills to interface with clients and colleagues
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Demonstrated experience with Microsoft Office (Word, Excel, Outlook), MS Access, E-Views (or other econometric forecasting software), Adobe Acrobat, PowerPoint, Explorer, as well as an ability to learn proprietary database manipulation programs
Preferred Experience, Knowledge and Skills
Background in construction or real estate markets.
About Dodge Construction Network
Dodge Construction Network exists to deliver the comprehensive data and connections the construction industry needs to build thriving communities. Our legacy is deeply rooted in empowering our customers with transformative insights, igniting their journey towards unparalleled business expansion and success. We serve decision-makers who seek reliable growth and who value relationships built on trust and quality. By combining our proprietary data with cutting-edge software, we deliver to our customers the essential intelligence needed to excel within their respective landscapes. We propel the construction industry forward by transforming data into tangible guidance, driving unparalleled advancement.
Dodge is the catalyst for modern construction.
Salary Disclosure
Base Salary Range: $85,000-$100,000
This represents the expected salary range for this job requisition. Final offers may vary from the amount listed based on factors including geography, candidate experience and expertise, and other job-related factors. Dodge Construction Network's compensation and rewards package for full time roles includes a market competitive salary, comprehensive benefits, and, for applicable roles, uncapped commissions plans or an annual discretionary performance bonus.
For this role, we are only considering candidates who are legally authorized to work in the United States and who do not now or in the future require sponsorship for employment visa status.
A background check is required after a conditional job offer is made. Consideration of the background check will be tailored to the requirements of the job and consistent with all federal state and local ordinances.
Reasonable Accommodation
Dodge Construction Network is committed to recruiting, hiring, and promoting people with disabilities. If you need an accommodation or assistance completing the online application, please email [email protected] _._
Equal Employment Opportunity Statement
Dodge Construction Network is an Equal Opportunity Employer. We are committed to leveraging the talent of a diverse workforce to create great opportunities for our business and our people. All employment decisions shall be based on merit, qualifications, and business needs without regard to age, race, creed, color, religion, sex, national origin, ancestry, disability status, veteran status, pregnancy, sexual orientation, gender identity or expression, genetic information, marital status, citizenship status or any other basis as protected by federal, state, or local law.
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