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Total construction starts across the United States rose 10% during September 2021 versus the previous month, according to new data from Dodge Construction Network. The 10% figure is an amalgamation of residential building starts, nonresidential building starts, and nonbuilding starts, all of which... View full entry
The Dodge Momentum Index, which rose 8.6% in April, is now at a 12-year high, led by a 77% climb in the institutional category over the last three months. But that positive, which gauges the initial planning of projects and usually precedes actual construction spending by 12 months, was countered by current challenges of soaring material costs and obstinate workforce shortages in the larger construction industry [...] — Construction Dive
According to the most recent Dodge Momentum Index, the April score of 162.4 signals the highest reading in over a decade and suggests a continued recovery of construction spending for nonresidential building projects. "Healthcare and laboratory projects continue to dominate the sector, pushing... View full entry
