The Dodge Momentum Index increased to 128.3 (2000=100) in August, up 2.8 percent from its July reading of 124.8, 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 Show Ups and Downs in July
At a seasonally adjusted annual rate of $629.4 billion, new construction starts in July were essentially unchanged from June’s pace, according to Dodge Data & Analytics. By major sector, nonresidential building showed slight improvement following its lackluster June performance, while residential building maintained the strengthening trend witnessed over the past several months.
Read MoreTop 10 Metro Areas for Commercial, Multifamily Starts Revealed
A ranking of the top U.S. metropolitan areas by the dollar amount of new commercial and multifamily construction starts reveals the New York City metropolitan area leading the nation during the first half of 2015, according to Dodge Data & Analytics.
Read MoreDodge Momentum Index Rebounds in July
The Dodge Momentum Index rose to 125.3 (2000=100) in July, up 5.4 percent from its June reading of 118.9 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 MoreJune Construction Starts Retreat 15 Percent
Highway and Bridge Construction Advances 16 Percent; First Six Months of 2015 Up 23 Percent. By Mark S. Kuhar
Read MoreFirst Look – August 2015
TOP NEWS Summit Materials Completes Transaction The combined business will operate as Continental Cement Co. LLC., an existing wholly-owned subsidiary of Summit. Terex Finlay Holds Dealer Meeting, Product Demo Terex Finlay introduced two new machines to the North American market: the J-960 jaw crusher and the 873 heavy duty screener. Polaris Opens California Aggregates Terminal A self-discharging Panamax ship made…
Read MoreConstruction Starts Rise 23 Percent in First Half of Year
During the first six months of 2015, total construction starts on an unadjusted basis were reported at $336.0 billion, up 23 percent from the same period a year ago, according to Dodge Data & Analytics. If the volatile electric utility and gas plant category is excluded, total construction starts during the first half of 2015 would be up a more…
Read MoreJune Construction Starts Retreat 15 Percent
New construction starts in June dropped 15 percent from the previous month to a seasonally adjusted annual rate of $620.2 billion, according to Dodge Data & Analytics. The decline followed an especially strong May, which benefitted from a $9.0 billion liquefied natural gas (LNG) export terminal in Texas being entered as a May start.
Read MoreDodge Momentum Index Declines in June
The Dodge Momentum Index fell to 118.3 (2000=100) in June, down 1.3 percent from 119.9 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 MoreMay Construction Starts Increase 3 Percent
At a seasonally adjusted annual rate of $729.7 billion, new construction starts in May climbed 3 percent compared to April’s already elevated pace, according to Dodge Data & Analytics. The nonbuilding construction sector provided much of the lift, given an exceptionally strong amount reported for the electric power and gas plant category, which reflected a massive liquefied natural gas (LNG)…
Read More