At a seasonally adjusted annual rate of $540.6 billion, new construction starts in August dropped 9 percent, according to McGraw Hill Construction, a division of McGraw Hill Financial. The decline followed July’s elevated volume, the strongest so far in 2014, and brought activity back to the average pace reported during the first seven months of this year.
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Dodge Momentum Inches Up
The Dodge Momentum Index made a small gain in August, increasing to 118.8 (2000=100) for the month, up 0.2 percent from the July reading. The improvement in August is on the heels of a 5.7 percent decline in July, according to McGraw Hill Construction, a division of McGraw Hill Financial.
Read MoreJune Construction Jumps 6 Percent
Modest Gains Reported For Housing And Nonbuilding Construction; New Highway Construction Starts Improve 6 Percent. By Mark S. Kuhar
Read MoreJuly Construction Rises; Highways Down
New construction starts in July climbed 6 percent to a seasonally adjusted annual rate of $588.8 billion, according to McGraw Hill Construction, a division of McGraw Hill Financial. Nonresidential building continued to advance, supported by yet another robust month for manufacturing plant projects as well as improvement for commercial building.
Read MoreDodge Momentum Index Loses Ground in July
The Dodge Momentum Index erased the gains made over the last two months, falling 4.4 percent in July to 121.4 (2000=100). This marks the Index’s first decline in four months, 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,…
Read MoreJune Construction Jumps 6 Percent
New construction starts in June advanced 6 percent to a seasonally adjusted annual rate of $549.7 billion, the highest level so far in 2014, according to McGraw Hill Construction, a division of McGraw Hill Financial. Nonresidential building strengthened after pulling back in May, with the lift coming from the start of several large manufacturing plant projects. Modest gains in June…
Read MoreMay Construction Retreats 5 Percent; Highways Up
Despite the Dip, Highways Category up 23 Percent; Bridges up 34 Percent. By Mark S. Kuhar
Read MoreMay Construction Retreats 5 Percent; Highways Up
At a seasonally adjusted annual rate of $513.4 billion, new construction starts in May dropped 5 percent from the previous month, according to McGraw Hill Construction, a division of McGraw Hill Financial. The reduced pace for total construction starts reflected a moderate loss of momentum for nonresidential building and housing, while the nonbuilding construction sector eased back slightly.
Read MoreDodge Momentum Index Climbs Again in May
The Dodge Momentum Index gained 2.0 percent in May to 125.2, following April’s strong rebound. 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 MoreApril Construction Advances 3 Percent
New construction starts in April rose 3 percent to a seasonally adjusted annual rate of $533.7 billion, according to McGraw Hill Construction, a division of McGraw Hill Financial. The increase maintained the upward movement established in March, which followed sluggish activity at the outset of 2014.
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