Tag: Dodge Construction Network
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Momentum Index Improves in July Thanks to Increase in Nonresidential Projects
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…
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Commercial and Multifamily Starts in Largest US Metro Areas Increase by 24 Percent
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…
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Confidence in Resiliency Expertise Low Among Contractors Even as Demand Increases
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…
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Dodge Momentum Index Increases in March
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.…