The Dodge Momentum Index (DMI), issued by Dodge Construction Network, grew 0.7% in February to 225.6 (2000=100) from the revised January reading of 223.9. Over the month, commercial planning increased 3.3% while institutional planning fell 4.6%.
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The Population Growth Recovery
I have had a fascination with U.S. population numbers since I had to write a paper in high school about how population growth affects our economy. That was 55-plus years ago, and I have continued to watch the topic with great interest. Much has changed since the late 1960s, and sometimes demographers miss the boat as they have in the…
Read MoreDodge Momentum Index up 10.2%
The Dodge Momentum Index (DMI), issued by Dodge Construction Network, grew 10.2% in December to 212.0 (2000=100) from the revised November reading of 192.3. Over the month, commercial planning increased 14.2% while institutional planning improved 2.5%. “Commercial activity rebounded strongly in December, thanks to a re-acceleration in data center and warehouse planning activity,” stated Sarah Martin, associate director of forecasting…
Read MoreThe AVP Pulse Index for January
Jan. 20, 2025 – The AVP Pulse Index this month dropped 0.1% month-over-month, while increasing 5.9% year-over-year; and 11.4% 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 is updated monthly…
Read MoreDodge Momentum Index Down in November
The Dodge Momentum Index (DMI), issued by Dodge Construction Network, decreased 2.3% in November to 191.5 (2000=100) from the revised October reading of 196.0. Over the month, commercial planning fell 4.6% while institutional planning improved 2.5%. “Throughout 2024, we’ve seen robust growth in nonresidential planning activity – but labor shortages and high construction costs have prevented those projects from…
Read MoreThe Consumer Strengthens
“It’s all over but the shouting.” The expression’s first use in print was in 1842, by Welsh sportswriter Charles James Apperley when reporting a late score in a sporting event. As so it is with the election, but as I have said many times before, election outcomes have near-zero impact on our businesses, and life goes on. Even before the…
Read MoreDodge 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 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 MoreDodge 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…
Read MoreFirst 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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