The Dodge Momentum Index (DMI) for August reports a 2.9% increase to a new score of 220.4 following July’s revised total of 214.2. Over the month, commercial planning expanded by 1.9%, and institutional planning was up another 5.7%.   "Owners and developers continued to prime the... View full entry

Nonresidential construction spending for July fell slightly by 0.2%, according to the latest Associated Builders and Contractors analysis of U.S. Census Bureau data published today. On a seasonally adjusted annualized basis, nonresidential spending is now worth a total of $1.21 trillion... View full entry

Construction starts have risen 10% for the month of July to a new seasonally-adjusted rate of $1.1 trillion, according to the latest data published by Dodge Construction Network (DCN). For the month, nonresidential buildings rose 25% and infrastructure starts were shown to increase by 19% as... View full entry

The latest AIA/Deltek Architecture Billings Index (ABI) for July has shown a continued state of soft business conditions at firms across the country, with a score of 48.2. This constitutes fewer reported declines and a minor improvement over June’s score of 46.4. Contracts decreased for the... View full entry

ConstructConnect’s Project Stress Index reading for July has experienced a sharp decline of 14.2% and is now at 96.2, following June’s revised reading of 112.5. Compared to levels from a year ago, the Index has fallen 6.1%. Last month saw decreases across all stress components, with... View full entry

Nationwide, construction input prices increased by 0.4% in July, according to a new analysis of the U.S. Bureau of Labor Statistics Producer Price Index by Associated Builders and Contractors (ABC). Nonresidential construction input prices also increased 0.4% for the month. Overall, construction... View full entry

The Environmental Protection Agency has published details of a new label program aimed at increasing the amount and quality of more sustainable U.S.-made construction materials in the marketplace. It supports the agency’s new $160 million grant initiative to spearhead new Environmental Product... View full entry

This year will be the first year in U.S. history that more than 500,000 new apartments are constructed, according to a new analysis of the 2024 rental market from RentCafe.  The trend, which is anticipated to abate slightly in 2025, may again resurface by 2028 with exceptions remaining in... View full entry

The hospitality industry group Lodging Econometrics has released its new prospectus of hotel projects in the construction and planning pipelines, indicating a new all-time high for the growing sector. At the end of Q2, 1,171 projects were reportedly under construction across the U.S. Another... View full entry

The Dodge Momentum Index (DMI) for July has improved for the second consecutive month, recording a 7.9% increase to a new score of 216.3. This follows June’s revised increase to 200.5. For the month, commercial planning grew by 6.8%, and institutional planning gained 11.1%. "While data centers... View full entry

Nonresidential construction spending dipped 0.2% nationwide in June, according to the latest Associated Builders and Contractors analysis of data published by the U.S. Census Bureau.  On a seasonally adjusted annualized basis, nonresidential spending totaled $1.21 trillion, with... View full entry

The total number of construction starts fell by 19% in June, which resulted in a seasonally adjusted annual rate of $1.0 trillion, according to Dodge Construction Network’s latest Construction Starts Index.  Nonbuilding starts dipped 46%, and nonresidential starts decreased by 13%... View full entry

The latest AIA/Deltek Architecture Billings Index (ABI) for June has indicated a continuation of soft business conditions for firms, with a new recorded score of 46.4 (any score below 50 indicates a decline).  The number is slightly higher than May's score of 42.4, which represented a new... View full entry

The U.S. Environmental Protection Agency has announced a new round of grants worth nearly $160 million to support the clean manufacturing of domestically produced construction materials.  The funds are being distributed to 38 entities, including the University of Massachusetts Amherst... View full entry

ConstructConnect’s latest Project Stress Index (PSI) reading, which measures the level of non-residential projects that have experienced a delayed bid date, being placed on hold, or being abandoned, for June 2024 is up 1.5% from May. The figure of 112.7 is up 9% from June 2023. As reported by... View full entry