Tag: Dodge Construction Network

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Manufacturing propels construction starts forward

September 20, 2023By

Dodge Construction Network says manufacturing starts skyrocketed 285 percent in August, driving total construction starts upward 6 percent.

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Dodge Construction Network says a growing backlog is supporting positive momentum for construction starts. Photo: ablokhin/iStock / Getty Images Plus/Getty Images

Nonbuilding, residential gains drive construction starts upward in July

August 16, 2023By

Total construction starts gained 17 percent in July thanks, in part, to the start of a large LNG facility in Texas.

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Dodge Momentum Index dips in July

August 7, 2023By

The Dodge Momentum Index declined declined 0.9 percent in July with the commercial component falling 0.2 percent and the institutional component dropping 1.9 percent.

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Construction starts drop in June following May bump

July 21, 2023By

Dodge Construction Network’s Richard Branch says the absence of mega projects is one reason why starts are up one month and down the next.

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Institutional planning decline pushes Dodge index downward

July 11, 2023By

Dodge Construction Network says a continued stream of data center and life science lab projects is keeping the Dodge Momentum Index from further lows.

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Health care construction starts should be healthy over the next two years, with Dodge Construction Network forecasting 10 percent growth in 2023 and 11 percent growth in 2024. Photo: Thomas Bullock/iStock / Getty Images Plus/Getty Images

Forecasting construction in the months ahead

June 29, 2023By

Dodge Construction Network’s Sarah Martin projects how markets will fare in the second half of 2023 and into 2024.

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Nonbuilding construction starts were up 24 percent in April compared to a year earlier, according to Dodge Construction Network. Photo: ThamKC/iStock / Getty Images Plus/Getty Images

Construction market remains resilient despite challenges

June 22, 2023By

Although labor shortages and rising interest rates still pose challenges, economists from several agencies explain that in most areas the industry continues to thrive.

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Dodge: Construction starts increase in May

June 20, 2023By

Total construction starts rose 8 percent in May to a seasonally adjusted annual rate of $1.11 trillion, according to Dodge Construction Network.

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Weaker commercial planning pulls nonresidential index downward

June 7, 2023By

The Dodge Momentum Index slipped in May, with Dodge Construction Network saying commercial and institutional planning face divergent trends in the second half of 2023.

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