The Dodge Momentum Index held steady at 122.3 (2000=100) in May, according to Dodge Data & Analytics. The Momentum Index is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year.
Read MoreTag: Dodge Data & Analytics
New Construction Starts in March Slide 13 percent
New construction starts in March retreated 13 percent from the previous month to a seasonally adjusted annual rate of $633.3 billion, according to Dodge Data & Analytics. The decline followed strong gains in January (up 9 percent) and February (up 17 percent), when construction was lifted by the start of several massive projects valued each in excess of $1 billion,…
Read MoreKey Projects Drive February Construction Starts
At a seasonally adjusted annual rate of $724.3 billion, new construction starts in February advanced 16 percent compared to the previous month, according to Dodge Data & Analytics. Much of the lift came from three massive projects valued each in excess of $1 billion that were included as February construction starts.
Read MoreDodge Momentum Index Rises in February
The Dodge Momentum Index increased to 126.3 (2000=100) in February, a gain of 4.3 percent from January’s 121.1, according to Dodge Data & Analytics. The Momentum Index is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year.
Read MoreJanuary Construction Climbs 9 Percent
The value of new construction starts climbed 9 percent in January to a seasonally adjusted annual rate of $621.0 billion, according to Dodge Data & Analytics. The increase for total construction was the result of an especially strong performance by the nonbuilding construction sector, which benefitted from the start of a massive liquefied natural gas terminal facility in Texas.
Read MoreDodge Momentum Index Increases in December
The Dodge Momentum Index rose in December, increasing 4.0 percent from a revised 123.8 in November to 128.7 in December according to Dodge Data & Analytics.
Read MoreFirst Look – December 2014
TOP NEWS AEM, Rock Products Team Up for Conference The educational program at CONEXPO Latin America 2015 will feature a new one-day aggregates conference organized by Rock Products and Mining Media International. 60 Minutes Reports on Infrastructure CBS News program 60 Minutes illustrated in the gravest terms the dire conditions of America’s roads and bridges – and indicted congressional inaction…
Read MoreNovember Construction Jumps 13 Percent
At a seasonally adjusted annual rate of $677.8 billion, new construction starts in November climbed 13 percent from the previous month, according to Dodge Data & Analytics (formerly McGraw Hill Construction). Nonresidential building had a particularly strong month, lifted by the start of several unusually large projects, including two massive manufacturing plants and an airport terminal redevelopment. The nonbuilding construction…
Read MoreDodge Momentum Index Creeps Higher
The Dodge Momentum Index increased in November, climbing to 125.0 (2000=100) for the month, up 0.6 percent from October’s reading of 124.3 according to Dodge Data & Analytics.
Read MoreOctober Construction Backs Off
The value of new construction starts settled back 4 percent in October to a seasonally adjusted annual rate of $589.8 billion, according to Dodge Data & Analytics (formerly McGraw Hill Construction). The decline followed the 10 percent increase reported in September, which was the strongest month for total construction starts so far in 2014.
Read More