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The August Dodge Momentum Index (DMI) reading dipped 6.5% to 178 from the revised July reading of 190.3. Over the month, the commercial component of the DMI fell 1.6%, and the institutional component saw a double-digit decline of 14.8%. The notable contraction in the institutional sector was... View full entry
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
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
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
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
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
The Dodge Momentum Index (DMI) in February increased by 1.9% to 203.0 from the revised January reading of 199.3. Last month, the commercial component of the DMI rose 1.4%, and the institutional component increased by 2.9%. The rise in commercial planning was driven by a nearly 20% growth in office... View full entry
Total construction starts took a turn in January, falling 27% to a seasonally-adjusted annual rate of $865.6 billion, according to Dodge Construction Network. Last month, nonresidential building starts fell 38%, residential starts decreased by 20%, and nonbuilding starts declined by 16%. Compared... View full entry
A new report by Dodge Construction Network has revealed that the Dodge Momentum Index (DMI) fell 8.4% in January to 201.5 from the revised December reading of 220.0. Last month, the commercial component of the DMI fell 10.0%, and the institutional component decreased by 4.7%. The weakness in... View full entry