Construction starts rose a total of 17% for July to a seasonally-adjusted rate of $1.2 trillion, according to the just-released report from Dodge Construction Network. The latest data also indicated a 7% year-to-date drop in total construction starts when compared to the July 2022 totals... View full entry

The latest Associated Builders and Contractors (ABC) analysis of U.S. Bureau of Labor Statistics Producer Price Index data indicates that increasingly stable construction materials prices and recent supply chain improvements over the past few months may signal "positive... View full entry

Dodge Construction Network’s Dodge Momentum Index (DMI) fell by 0.9% in July to 193.4 from the revised June reading of 195.1. Last month, the commercial component remained relatively flat, declining only by 0.2%, and the institutional component fell 1.9%. Planning in all commercial sectors... View full entry

Total construction starts continue to fluctuate, with a 9% dip in June resulting in a seasonally adjusted annual rate of $1 trillion, according to the latest Dodge Construction Network report. Nonresidential starts led the decline, falling 14%. Nonbuilding starts fell 9%, and residential starts... View full entry

The Dodge Momentum Index (DMI) continued its decline in June with a 2.5% decrease resulting in a reading of 197.3 from a revised May reading of 202.4. Over the course of last month, the commercial component rose 3.1%, while the institutional component dipped 10.5%. According to the Dodge... View full entry

AECOM and Bechtel have both announced their involvement in the international effort to rebuild Ukraine following 15 months of a devastating war which had, by mid-spring, enacted more than $147.5 billion worth of damage to infrastructure across the country, according to estimates from the Kyiv... View full entry

New data from the Dodge Construction Network (DCN) has shown construction starts increasing to a seasonally adjusted annual rate of $1.11 trillion for the month of May following the 4% decline for April that ended a steady two-month series of gains. Nonresidential starts rose 8% over the previous... View full entry

Data from the latest Dodge Momentum Index (DMI) shows a slight decline of 2.0% to 180.5 for May, continuing a three-month downturn that follows April’s revised total of 184.1 and the 183.7 figure that was recorded in March.  For the month, the DIM’s commercial component fell to 6.1%... View full entry

Engineering News-Record has released its 2023 rankings, listing the top commercial contractors in the United States. The companies were ranked by construction revenue in 2022. New York dominates the top 10 ranking with three firms, including the top spot, becoming the only state to hold more than... View full entry

According to new Dodge Construction Network data, total construction starts fell 4% in April to a seasonally adjusted annual rate of $1.04 trillion. This marks a slowdown after two consecutive months of increases. Nonresidential starts led the decline, falling 22%. This was balanced by a 7% rise... View full entry

New data from the latest Dodge Momentum Index (DMI) has shown a decline of 5.1% to 180.9 for April, continuing a downward trend in the wake of March’s revised total of 190.6 that has been led largely by economic turmoil in the commercial planning sector. The data showed an 8.0% decline in the... View full entry

March data from the Dodge Construction Network (DCN) has shown an increase in construction starts of 19% to what is now a three-month high despite concerns over the industry’s ties with Silicon Valley Bank following the financial institution’s controversial collapse at the beginning of the... View full entry

The Dodge Momentum Index (DMI) continued its seesawing trend in March, falling 8.6% to 183.7 from the revised February reading of 201.0. Last month, the DMI’s commercial component fell 6.6%, and the institutional component fell 12.9%.  The dip in commercial planning was attributed to fewer... View full entry

Florida International University (FIU) has been awarded a grant to develop games that can train individuals for roles in architecture, engineering, and construction. The funding, awarded by the National Science Foundation (NSF), will support FIU’s exploration into how institutions can train... View full entry

The latest data from the Dodge Construction Network (DCN) indicates a 6% rise in total construction starts for February, reversing January’s declines to a new seasonally adjusted annual rate of $912.8 billion. During the month, residential and nonresidential building starts rose by 11% and 9%... View full entry