Dodge Momentum Index down in November 2020
By segment, the institutional component lost 4.4 percent while the commercial component fell 1.6 percent.
Read MoreTag: commercial building
By segment, the institutional component lost 4.4 percent while the commercial component fell 1.6 percent.
Read MoreDodge Data & Analytics reported the second consecutive monthly rise in its Momentum Index, a sign that the construction sector is continuing to recover.
Read MoreDodge Data & Analytics’ monthly index measuring nonresidential building projects in planning was up for the first time in 2020 in the month of July.
Read MoreTwo index components retreated in April, as commercial construction dropped 7.6 percent while institutional fell 3.2 percent.
Read MoreAccording to Dodge Data & Analytics, it is still very early in the coronavirus pandemic and March’s data would not fully capture any potential impact of the pandemic on construction planning.
Read MoreThe index fell 2.7 percent in January to 152.5 from a revised December reading of 156.7, according to Dodge Data & Analytics.
Read MoreBoth components of Dodge Data & Analytics’ index increased over the month as the institutional component rose 2.3 percent while the commercial component climbed 0.9 percent.
Read MoreFortunately, one outlier in the equation is public works construction, which Dodge Data & Analytics expects to move 4 percent higher in 2020.
Read MoreA 2.8 percent increase in the commercial component of the Dodge Momentum Index drove the uptick.
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