The latest Dodge Momentum Index (DMI) report indicates a sizable increase of 5.7% to a total of 183.2 for September, up from the revised 173.4 figure that was recorded in August.  The Dodge Construction Network notes that this total falls within 5% of the DMI’s all-time high and was... View full entry

The latest Dodge Construction Network figures show a decline in construction starts by 9% after a July spike that was propelled mostly by the nonresidential and nonbuilding sectors.  Total starts now stand at an adjusted annual rate of $1.25 trillion. The August dip was caused by a 36%... View full entry

The latest Dodge Momentum Index report from the Dodge Construction Network shows a slight drop of 1.2% from July’s revised record peak of 174.0, driven by declines in the institutional sector that were spurred on primarily by a decrease in healthcare projects when compared to last month... View full entry

According to the Dodge Construction Network (DCN), total construction starts surged 48% in July to a seasonally adjusted annual rate of $1.36 trillion. The gain is due to the start of three large manufacturing plants and two Liquefied Natural Gas (LNG) export facilities. Even without these... View full entry

The number of unfilled positions in the construction industry appears to be falling, according to new figures by the Associated Builders and Contractors (ABC). June 2022 saw 334,000 unfilled positions in the sector, down 17% on the previous month, but still 4% higher than June 2021. ABC’s... View full entry

The Zweig Group consultancy has returned with its annual list of 'Best Firms to Work For' in the AEC industry.  Recognized companies were selected based on their “workplace practices, employee benefits, [and] employee retention rates,” among other factors. Zweig says their employees'... View full entry

The Dodge Momentum Index hit a 14-year high in June and recorded another 2.9% increase in July. The index now stands at 178.7, up from June’s figure of 173.6. “Commercial planning in July was led by an increase in data center, office and warehouse projects, while fewer education and... View full entry

In June, total construction starts fell 5% to a seasonally adjusted annual rate of $932.3 billion, according to a new Dodge Construction Network report. Nonresidential building starts fell 14%, and residential starts dropped 6%. Nonbuilding starts, on the other hand, gained 13% last month due to... View full entry

Turner and Townsend’s latest annual International Construction Market Survey names disruptions in the global supply chain, triggered in part by lockdowns in China due to COVID-19, and rising commodity costs following the invasion of Ukraine as key stress factors for construction markets... View full entry

In a new Dodge Construction Network report, total construction starts rose 4% in May to a seasonally-adjusted annual rate of $979.5 billion. Nonresidential building starts rose 20%, while residential and nonbuilding starts declined 4% and 2%, respectively.  In the first five months of... View full entry

A major increase in hourly wages has not stopped a record number of unfilled positions in the construction industry, according to a new analysis by the Association of General Contractors of America (AGC). While 36,000 employees were added to the construction industry last month, 494,000 open... View full entry

The Dodge Momentum Index rose 7% in May to 176.2, up from the revised April reading of 165.2. The institutional component of the Index rose 9% and commercial planning rose 6%. May’s increase pushed the level of planning above the most recent cyclical high set in November 2021. Last month... View full entry

Total construction starts rebounded in April according to a new Dodge Construction Network study, rising 3% to a seasonally adjusted annual rate of $945.8 billion. Nonresidential building starts rose 6% and residential starts increased by 4%, while nonbuilding starts decreased by 4%. Compared to... View full entry

The Dodge Momentum Index continues to rise, with a 6% increase in April, taking it to 164.8, up from the revised March reading of 155. Commercial planning rose 9%, while institutional planning moved 2% higher. This gain in April has moved the Dodge Momentum Index just 5% short of the all-time high... View full entry

In a new Dodge Construction Network report, total construction starts fell 12% in March to a seasonally-adjusted annual rate of $903.8 billion following a strong February. The decline, in which nonresidential building starts fell 29%, is in part due to the start of three large manufacturing... View full entry