New construction starts in June grew 4 percent from the previous month to a seasonally adjusted annual rate of $679.9 billion, according to Dodge Data & Analytics. Nonresidential building increased 13 percent in June, strengthening after two months of lackluster activity, and the nonbuilding construction sector rose 8 percent with the help of elevated activity for electric utilities. However, residential…
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Dodge Momentum Index Moves Higher in June
The Dodge Momentum Index took another step forward in June, increasing 1.1 percent to 141.1 (2000=100) from its revised May reading of 139.6. 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 Starts Retreat 13 Percent
Nonbuilding Construction Takes a Huge Tumble; Highways Down 10 Percent. By Mark S. Kuhar
Read MoreMarch Construction Starts Climb 5 Percent
Public Works Lifted by Two Large Pipeline Projects; Highways Inch Higher Building on Last Month’s Huge Gain. By Mark S. Kuhar
Read MoreApril Construction Starts Retreat 13 Percent
The value of new construction starts in April dropped 13 percent from the previous month to a seasonally adjusted annual rate of $647.8 billion, according to Dodge Data & Analytics. The decline followed three straight months of gains, which saw total construction activity rising 20 percent from the lackluster amount reported back in December. Highway and bridge construction in April…
Read MoreDodge Momentum Index Loses Steam in April
The Dodge Momentum Index fell 5.1 percent in April to 133.8 (2000=100) from its revised March reading of 140.9. 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 MoreFebruary Construction Starts Advance 2 Percent
Highway And Bridge Construction In February Surge 38 Percent After Four Months Of Decline. By Mark S. Kuhar
Read MoreMarch Construction Starts Climb 5 Percent
New construction starts in March increased 5 percent to a seasonally adjusted annual rate of $743.7 billion, marking the third straight monthly gain, according to Dodge Data & Analytics. The total construction growth in March was led by the nonbuilding construction sector, and particularly by public works, which featured the start of two large pipeline projects – the $4.2 billion…
Read MoreDodge Momentum Index Springs Forward in March
The Dodge Momentum Index increased by 0.9 percent in March to 144.4 (2000=100) from its revised February reading of 143.2. 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 MoreFebruary Construction Starts Advance; Highways Surge
At a seasonally adjusted annual rate of $706.4 billion, new construction starts in February rose 2 percent from the previous month, according to Dodge Data & Analytics. This was the second straight monthly increase, following a 15 percent hike in January, as construction starts regained the upward track following four consecutive monthly declines to close out 2016.
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