Total construction starts increased 4% in October to a seasonally adjusted annual rate of $1.2 trillion, according to Dodge Construction Network. Nonresidential building starts grew 14%, nonbuilding starts moved 2% higher, while residential building starts fell 3%. On a year-to-date basis through October, total construction starts were up 3% from the first 10 months of 2023. Residential starts were up…
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Dodge Momentum Index Drops in October
The Dodge Momentum Index (DMI), issued by Dodge Construction Network, decreased 5.3% in October to 197.2 (2000=100) from the revised September reading of 208.2. Over the month, commercial planning fell 6.7%, and institutional planning declined 2.0%. “In addition to data center planning normalizing, a moderate pullback in the number of planning projects for several other nonresidential sectors also contributed…
Read MoreConstruction Starts Fall in September; Highways Up
Total construction starts fell 6% in September to a seasonally adjusted annual rate of $1.1 trillion, according to Dodge Construction Network. Nonbuilding starts fell 11%, residential starts were down 1%, while nonresidential building starts were down 6% in September. On a year-to-date basis through September, total construction starts were up 2% from the first nine months of 2023. Residential starts…
Read MoreDodge Momentum Index Decreases 4.2% in September
The Dodge Momentum Index (DMI), issued by Dodge Construction Network, decreased 4.2% in September to 208.6 (2000=100) from the revised August reading of 217.7. Over the month, commercial planning contracted 7.8% and institutional planning improved 5.2%. “Despite this month’s decline, the Dodge Momentum Index remains at very robust levels”, stated Sarah Martin, associate director of forecasting at Dodge Construction…
Read MoreFirst Look – October 2024
SEMCO Debuts AggNexusThe live event – held Sept. 9-10 on the University of Texas, Austin campus, and sponsored by SEMCO Publishing, parent company of Rock Products – engaged representatives of technology-savvy multinational or independent cement, aggregate, concrete and asphalt producers plus allied software developers or service providers. Wendling QuarriesDeWitt, Iowa-based Wendling Quarries announced that it is “honored and humbled to…
Read MoreConstruction Starts Rise 6% in August
Total construction starts rose 6% in August to a seasonally adjusted annual rate of $1.2 trillion, according to Dodge Construction Network. Residential starts rose 5%, nonbuilding starts gained 17%, while nonresidential buildings fell 2% in August.
Read MoreConstruction Starts Jump 10% in July
Total construction starts moved 10% higher in July to a seasonally adjusted annual rate of $1.1 trillion, according to Dodge Construction Network. Nonresidential buildings and infrastructure starts performed strongly during the month, countering a decline in residential starts. During the month, nonresidential buildings rose 25% and infrastructure starts increased by 19%. Residential starts fell 8% during the month. On a…
Read MoreDodge Momentum Index Up 7.9% in July
The Dodge Momentum Index (DMI), issued by Dodge Construction Network, increased 7.9% in July to 216.3 (2000=100) from the revised June reading of 200.5. Over the month, commercial planning increased by 6.8%, and institutional planning expanded by 11.1%. “While data centers have had an outsized influence on nonresidential planning activity in recent months, more momentum is building across many…
Read MoreDodge Momentum Index Up by Double Digits
The Dodge Momentum Index (DMI), issued by Dodge Construction Network, increased by 10.4% in June to 198.6 (2000=100) from the revised May reading of 179.9. Over the month, commercial planning increased 14.5% and institutional planning ticked up 0.2%. “Data centers continued to dominate planning projects in June – fueling another strong month for commercial planning,” stated Sarah Martin, associate…
Read MoreFirst Look – July 2024
TOP NEWS TACA ConventionThe Texas Aggregates & Concrete Association (TACA) welcomed more than 600 attendees to its 70th Annual Meeting, June 12-14, at the JW Marriott San Antonio Hill Country Resort & Spa. The theme this year was “Preserving a Strong Foundation” – to support an enduring commitment to the environment, as well as fostering a workforce that will carry…
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