Dodge 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…

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Dodge Momentum Index Rises 2.9% in August

The Dodge Momentum Index (DMI), issued by Dodge Construction Network, increased 2.9% in August to 220.4 (2000=100) from the revised July reading of 214.2. Over the month, commercial planning expanded 1.9% and institutional planning improved 5.7%.   “Owners and developers continued to prime the planning queue in August, ahead of next year’s anticipated stronger market conditions,” stated Sarah Martin, associate…

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First Look – September 2024

TOP NEWS Summit MaterialsSummit Materials Inc. announced results for the second quarter ended June 29, reporting that net revenue increased $395.1 million, or 58.1%, in the second quarter to $1,075.5 million. In the quarter, $464.0 million of net revenue was due to acquisitions, primarily the Argos USA transaction Martin Marietta MaterialsMartin Marietta Materials Inc. reported results for the second quarter…

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Dodge 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…

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Construction Starts Fall 19% in June

Total construction starts lost 19% in June, falling to a seasonally adjusted annual rate of $1.0 trillion, according to Dodge Construction Network. Much of the decline was due to a stark decline in utility/gas starts following a strong May that saw several megaprojects get underway.  Highway and bridge starts gained 5%. During the month, nonbuilding starts fell 46% (following a…

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Dodge 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…

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Dodge Momentum Index Rises in April

The Dodge Momentum Index (DMI), issued by Dodge Construction Network, increased 2.7% in May to 179.0 (2000=100) from the revised April reading of 174.3. Over the month, commercial planning progressed 5.5% and institutional planning slowed by 3.4%. “Owners and developers are gaining confidence in 2025 market conditions, alongside more stable and predictable interest rates – spurring stronger commercial activity over…

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A Return-to-Office is Coming

As I sit to write this month’s column, the Dow Jones Industrial Average has touched 40,000. Only the weeks ahead will determine if the average pushes through and trades up into the 40s permanently, or if profit-taking results in continued trading in the 39,000s, or even lower. Remember, this stands in stark contrast to the average’s 20-year low we experienced…

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The AVP Pulse Index for May

May 20, 2024 – The AVP Pulse Index this month rose 0.7% month-over-month, while increasing 5.5% year-over-year.  The index is up 10.7% over the past 36 months. The proprietary AVP Pulse Index – a joint effort between mergers and acquisition advisors Allen-Villere Partners, and Rock Products – illustrates the health of the industry in one single trend line, using relevant data that…

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Dodge Momentum Index Rises 6.1% in April 

The Dodge Momentum Index (DMI), issued by Dodge Construction Network, increased 6.1% in April to 173.9 (2000=100) from the revised March reading of 164.0. Over the month, commercial planning improved 12.6% and institutional planning dropped 6.3%. “The Dodge Momentum Index (DMI) saw positive progress in April, alongside a deluge of data center projects that entered the planning stage,” stated Sarah…

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