The Dodge Momentum Index, issued by Dodge Construction Network, increased 6.1% in April to 173.9 (2000=100) from the revised March reading of 164.0. Over the month, commercial planning improved 12.6% and institutional planning dropped 6.3%. Read More …
Dodge Momentum Index: Healthcare, Data Center Activity Increases
The Dodge Momentum Index , issued by Dodge Construction Network, decreased 1% in November to 179.2 (2000=100) from the revised October reading of 181.7. Over the month, the commercial and institutional components both fell 1%.
“While both portions of the Momentum Index saw slower momentum in planning, overall levels remain steady and will support construction spending in 2024 and 2025,” stated Sarah Martin, associate director of forecasting for DCN. “Nonresidential planning activity will remain constrained from stronger growth amidst ongoing labor and construction cost challenges.” Read More …
Dodge Construction Network: Construction Starts Drop 7% in October
Total construction starts fell 7% in October to a seasonally adjusted annual rate of $1.1 trillion, according to Dodge Construction Network. Nonbuilding and residential starts fell 32% and 1%, respectively. Conversely, nonresidential building starts gained 8% during the month. Read More …
Digital Workflows Help Design, Construction Companies Manage Projects, Companies Better
The ability to share digital data effectively is a critical factor that impacts the success of digital transformation in the design and construction industry. This includes both the ability to share data within different departments in the same company or across multiple companies involved in the same project. New research from Dodge Construction Network, together with Trimble, published in the Connected Construction SmartMarket Brief series, Read More …