The Dodge Momentum Index (DMI) increased 2.9% to 178.7 in July thanks to an increase in data center, office and warehouse projects, says the Dodge Construction Network. The DMI is a monthly measure for nonresidential building projects in planning. According to the Dodge Construction Network, the DMI is shown to lead construction spending for nonresidential […]
The value of commercial and multifamily construction starts in the top 20 metropolitan areas of the U.S. increased by 24% from 2021 throughout the first six months of 2022, according to the Dodge Construction Network. Throughout the U.S., commercial and multifamily construction starts increased by 18% year-to-date. The number of commercial and multifamily starts in […]
Dodge Construction Network’s latest The Civil Quarterly study finds that increasing resilience of U.S. infrastructure is a priority across the industry. The study’s data shows that 82% of civil contractors and 92% of civil engineers say that they have worked on projects that prioritize resilience. The Civil Quarterly report, which is produced along with Infotech […]
The Dodge Momentum Index reached a 14-year high in June following a less than one percentage point increase from May’s reading of 173.1, according to Dodge Construction Network. The Momentum Index is a monthly measure for nonresidential building project planning. The index is shown to lead construction spending for nonresidential buildings by a full year. In […]
The Southern region has seen an influx of residents in the past two years and many states are on the road to recovering from the impacts of the COVID-19 pandemic. However, labor shortages continue to plague much of the region and could continue to affect recovery in the months to come. Still, experts say the […]
Construction starts are forecast to rise 9% in 2022, prompting Richard Branch, chief economist with Dodge Construction Network, to say he feels “reasonably positive” about the industry’s trajectory. But with many projects just now entering backlogs, some sectors may have to wait years to see solid recovery. According to the Dodge Construction Network 2022 Mid-Year […]
The April Dodge Momentum Index (DMI) was recorded at 164.8, 6% higher than the revised March reading of 155.0. The Momentum Index, issued by Dodge Construction Network, is a monthly measure of the initial report for nonresidential building projects in planning shown to lead construction spending for nonresidential buildings by a full year. In April, the commercial component […]
The Dodge Construction Network reports that total construction starts rose 3% in April to a seasonally adjusted annual rate of $945.8 billion. The same report shows nonresidential building starts rose 6% and residential starts increased by 4%, while nonbuilding starts fell 4%. Year-to-date, total construction was 6% higher in the first four months of 2022 compared to […]
The Dodge Momentum Index moved 4% higher in March to 166.9 (2000=100), up from the revised February reading of 160.3. The Momentum Index, issued by Dodge Construction Network, is a monthly measure of the initial report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year. […]
