The Dodge Momentum Index took another step forward in June, increasing 1.1 percent to 141.1 (2000=100) from its revised May reading of 139.6. 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.
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Dodge Momentum Index Inches Up in November
The Dodge Momentum Index moved 0.3 percent higher in November to 133.2 from its revised October reading of 132.7 (2000=100). 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 MoreEPA Agenda Includes Clean Water Act Expansion
The Environmental Protection Agency’s (EPA) Nov. 27 regulatory agenda included items related to the Clean Water Act, lead paint programs, post-construction stormwater and stormwater ELG, among other items.
Read MoreDodge Momentum Index Rises in November
The Dodge Momentum Index rose 2.8 percent in November compared to the previous month, according to McGraw Hill Construction, a division of McGraw Hill Financial. 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 MoreNew Construction Starts to Climb 6 Percent in 2013
New construction starts are forecast to rise 6 percent this year to $506 billion, according to the Midyear Update to the 2013 Construction Outlook from McGraw Hill Construction, a division of McGraw Hill Financial. This is the same rate of increase for total construction starts that was predicted last October, and follows the 8 percent gain that took place in…
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