During the first half of 2019, six of the top 10 U.S. metropolitan markets for commercial and multifamily construction starts ranked by dollar volume registered greater activity compared to a year ago, according to Dodge Data & Analytics.
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Dodge Momentum Index Resumes Growth in May
Following a dip in April, the Dodge Momentum Index advanced 4.0 percent in May to 139.1 (2000=100) from its revised April reading of 133.7. 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 MoreDodge Momentum Index Loses Steam in April
The Dodge Momentum Index fell 5.1 percent in April to 133.8 (2000=100) from its revised March reading of 140.9. 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 MoreDodge Momentum Index Moves Higher
The Dodge Momentum Index rose 3.9 percent in January to 142.6 (2000=100) from its revised December reading of 137.3. 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 MoreForecast: Construction Starts to Increase in 2017
Dodge Data & Analytics released its 2017 Dodge Construction Outlook, a mainstay in construction industry forecasting and business planning. The report predicts that total U.S. construction starts for 2017 will advance 5 percent to $713 billion, following gains of 11 percent in 2015 and an estimated 1 percent in 2016.
Read MoreJuly Construction Starts Slip 2 Percent
Overall Starts and Highway Construction Down; Nonresidential and Residential Starts Up. By Mark S. Kuhar
Read MoreDodge Momentum Index Inches Higher in July
The Dodge Momentum Index moved slightly higher in July, increasing 0.5 percent to 134.7 (2000=100) from its revised June reading of 134.1. 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 MoreConstruction Starts Rose 7 Percent in 2014
For 2014 as a whole, total construction starts climbed 7 percent to $575.3 billion, according to Dodge Data & Analytics. This continues the pattern of moderate expansion for total construction starts reported during the previous two years – 2012, up 10 percent; and 2013, up 9 percent.
Read MoreMay Construction Retreats 5 Percent; Highways Up
Despite the Dip, Highways Category up 23 Percent; Bridges up 34 Percent. By Mark S. Kuhar
Read MoreFebruary Construction Unchanged from Prior Month
At a seasonally adjusted annual rate of $486.7 billion, new construction starts in February were essentially the same as January’s amount, according to McGraw Hill Construction, a division of McGraw Hill Financial. After the strong finish to last year, the construction start statistics have shown lackluster activity during the first two months of 2014. The flat pace for total construction…
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