April 22, 2024 – The AVP Pulse Index is flat-to-slightly up this month, with a 1.1% increase over the previous month, but a 6.9% increase year-over-year and a 14.5% increase over the last 36 months. The big drivers were the Architectural Billings Index (up 7.1%) and a whopping 10.7% for Housing Starts. Overall, the Index indicates construction remains steady, if…
Read MoreDay: April 22, 2024
Housing Starts Fall on Interest Rate, Financing Concerns
Housing starts fell in March with interest rates somewhat higher than expected last month as the latest inflation readings failed to show improvement. Builders are also still facing higher supply-side costs and tighter lending conditions.
Read MoreDodge Momentum Index Falls in March
The Dodge Momentum Index (DMI), issued by Dodge Construction Network, fell 8.6% in March to 164.0 (2000=100) from the revised February reading of 179.5. Over the month, commercial planning fell 3.2% and institutional planning dropped 17.2%.
Read More