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Total Construction Projects Dip in August, Industry Still in Good Position
Total construction starts fell 9% in August to a seasonally adjusted annual rate of $1.25 trillion, reports the Dodge Construction Network. The drop follows a surge in construction starts in July thanks to the start of five large projects. In … Continue reading
Construction Starts Slow in June Driven by Uncertainty in Economy
Driven by a decrease in nonresidential building starts, the total number of construction starts fell 5% in June to a seasonally adjusted annual rate of $932.3 billion, according to the Dodge Construction Network. Nonresidential building starts lost 14% during June … Continue reading
Dodge Momentum Index Loses Steam in August
The Dodge Momentum Index dropped 3% in August to 148.7 (2000=100) from the revised July reading of 154.0. The Momentum Index, issued by Dodge Data & Analytics, is a monthly measure of the first (or initial) report for nonresidential building … Continue reading
Dodge Momentum Index Loses Steam In June
Following six months of consecutive gains, the Dodge Momentum Index fell to 165.8 (2000=100) in June, down 5% from the revised May reading of 175.1. The Momentum Index, issued by Dodge Data & Analytics, is a monthly measure of the … Continue reading
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Tagged construction data, Dodge, Dodge Data & Analytics, Momentum Index, nonresidential building
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Construction Employment Declines in 40 States as Soaring Material Costs, Supply-Chain Disruptions Impede Recovery
Construction employment in May remained below the April level in 40 states and Washington, according to an analysis by the Associated General Contractors of America of government employment data. Association officials said skyrocketing materials prices and excessive delays in receiving … Continue reading
