Tag: Dodge Data
The Dodge Momentum Index rose 4.7% in January to 157.7 (2000=100) from the revised December reading of 150.6.
For all of 2017, total construction starts grew 3 percent to $745.9 billion, according to Dodge Data & Analytics, which followed the 6 percent increase reported for 2016. The full year 2017 gain was dampened by a 35 percent downturn for the electric utility/gas plant category. If electric utilities and gas plants are excluded, total construction starts for 2017 would be 5 percent higher than the corresponding amount for 2016.
New construction starts in October decreased 4 percent to a seasonally adjusted annual rate of $678.9 billion, settling back from the elevated amount that was reported in September, according to Dodge Data & Analytics.