Tuesday, November 12, 2019

Tag: nonresidential

October construction starts soar 21 percent

New construction starts in October climbed 21 percent to a seasonally adjusted annual rate of $864.0 billion, according to Dodge Data & Analytics.  The substantial increase followed three straight months of decline.

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.

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.

October construction starts recede 4 percent

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.

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.

Nonresidential spending slips in August

Nonresidential construction spending fell for a second consecutive month in August, according to analysis of U.S. Census Bureau data by Associated Builders and Contractors.
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