Tag Archives: nonresidential building projects
Rising Interest Rates, Tightening Lending Standards Contribute to Decrease in August DMI
Dodge Construction Network (DCN) reports that August’s Dodge Momentum Index (DMI) declined 6.5% to 178.0 from a revised July reading of 190.3. In August, the commercial sector dropped 1.9%, and the institutional sector fell 14.8%. The DMI is a monthly … Continue reading
Uncertain Economic Conditions Affect Dodge Momentum Index
The Dodge Momentum Index (DMI) declined by 5.1% to 180.9 in April from March’s revised score of 190.6. The decrease coincides with declining economic conditions and ongoing banking uncertainties, states Sarah Martin, associate director of forecasting at Dodge Construction Network … Continue reading
Dodge Momentum Index Falls Just Short of All-Time High in September
The Dodge Construction Network reports that the Dodge Momentum Index (DMI) increased 5.7% in September to 183.2 from August’s score of 173.4. September’s score falls just 5% below the all-time high. The Momentum Index measures monthly nonresidential building projects in … Continue reading
Construction Starts Surge in July Thanks to Mega Projects
Total construction starts surged 48% in July to a seasonally adjusted annual rate of $1.36 trillion thanks to the start of three large manufacturing plants and two LNG export facilities, the Dodge Construction Network reports. Even without the five major … Continue reading
Momentum Index Improves in July Thanks to Increase in Nonresidential Projects
The Dodge Momentum Index (DMI) increased 2.9% to 178.7 in July thanks to an increase in data center, office and warehouse projects, says the Dodge Construction Network. The DMI is a monthly measure for nonresidential building projects in planning. According … Continue reading