Dodge Momentum Index dips in February
The Dodge Momentum Index was down 1.4 percent in February, but it remains 1 percent above its February 2023 mark.
Read MoreTag: nonresidential construction
ABC provides updates on construction employment, unemployment; nonresidential spending
The Associated Builders & Contractors (ABC) reports that construction employment was up in January and construction unemployment remained flat in December – both on year-over-year bases.
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ABC: Construction input prices decrease in December
Construction input prices were down 0.6 percent in December, but remain 1.2 percent higher year-over-year, according to the Associated Builders & Contractors (ABC).
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Dodge Momentum Index improves in December
The Dodge Momentum Index gained 3 percent in December, with commercial planning increasing 1 percent and institutional planning improving 6.1 percent.
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ABC: Nonresidential spending down slightly in November
National nonresidential spending was down 0.1 percent in November to $1.14 trillion according to the Associated Builders & Contractors (ABC).
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Dodge: Construction starts take a dive in November
Dodge Construction Network says total construction starts declined 15 percent last month, with nonresidential plummeting 29 percent.
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Nonresidential construction outlook for 2024
Associated General Contractors of America chief economist Ken Simonson discusses the types of projects that will drive nonresidential construction in the coming year.
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ABC: Manufacturing activity continues to drive nonresidential growth
While manufacturing construction provided a boost in October, Anirban Basu, chief economist with the Associated Builders & Contractors (ABC) says commercial construction dipped sharply in the month.
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Dodge: Construction starts slip in October
Dodge Construction Network says total construction starts were down 7 percent in October. Nonbuilding and residential saw declines while nonresidential starts increased.
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