nonresidential

New construction starts recede in February

At a seasonally adjusted annual rate of $708.1 billion, new construction starts in February slipped 3 percent from the previous month, according to Dodge Data & Analytics. The reduced activity in February followed a 2 percent decline in January, as the early months of 2018 are showing some loss of momentum after the 12 percent increase reported back in December.... Read More...

Nonresidential spending surged in November

Nonresidential construction surged in November, according to analysis of U.S. Census Bureau data by Associated Builders and Contractors (ABC). Nonresidential spending expanded to $712.4 billion on a seasonally adjusted, annualized rate in November, representing the highest level of spending in eight years.... Read More...

Dodge Momentum Index moves higher in October

The Dodge Momentum Index grew 4.1 percent in October to 133.6 from its revised September reading of 128.3 (2000=100). The Momentum Index is a monthly measure of the first (or initial) report for nonresidential building projects in planning.... Read More...
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