Tag Archives: Richard Branch

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

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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

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Non-Residential Construction Starts Increase as Projects Enter Backlog

Construction starts are forecast to rise 9% in 2022, prompting Richard Branch, chief economist with Dodge Construction Network, to say he feels “reasonably positive” about the industry’s trajectory. But with many projects just now entering backlogs, some sectors may have … Continue reading

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Total Construction Starts Inch Higher in April

The Dodge Construction Network reports that total construction starts rose 3% in April to a seasonally adjusted annual rate of $945.8 billion. The same report shows nonresidential building starts rose 6% and residential starts increased by 4%, while nonbuilding starts … Continue reading

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March Sees Decline in Construction Starts

The Dodge Construction Network reported that total construction starts fell 12% in March to a seasonally adjusted annual rate of $903.8 billion. Nonresidential building starts dropped 29%, according to the report, indicating it was in part due to the start … Continue reading

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