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Posts Tagged ‘ Dodge Construction Network ’

Growth Forecast for Nonresidential Building Starts in 2022

Jun 2nd, 2022

The Southern region has seen an influx of residents in the past two years and many states are on the road to recovering from the impacts of the COVID-19 pandemic. However, labor shortages continue to plague much of the region and could continue to affect recovery in the months to come. Still, experts say the […]

Non-Residential Construction Starts Increase as Projects Enter Backlog

Jun 2nd, 2022

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 to wait years to see solid recovery. According to the Dodge Construction Network 2022 Mid-Year […]

Dodge Momentum Index Rises in April

May 23rd, 2022

The April Dodge Momentum Index (DMI) was recorded at 164.8, 6% higher than the revised March reading of 155.0. The Momentum Index, issued by Dodge Construction Network, is a monthly measure of the initial report for nonresidential building projects in planning shown to lead construction spending for nonresidential buildings by a full year. In April, the commercial component […]

Total Construction Starts Inch Higher in April

May 23rd, 2022

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 fell 4%. Year-to-date, total construction was 6% higher in the first four months of 2022 compared to […]

Dodge Momentum Index Increases in March

Apr 13th, 2022

The Dodge Momentum Index moved 4% higher in March to 166.9 (2000=100), up from the revised February reading of 160.3. The Momentum Index, issued by Dodge Construction Network, is a monthly measure of the initial report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year. […]

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