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Nonresidential building slips for third straight month

The Dodge Momentum Index that measures nonresidential building projects dropped another 0.6 percent in October, according to McGraw-Hill Construction. The index retreated for the third consecutive month, this time to 93.3, after peaking at 96.0 in July. McGraw-Hill Construction attributes… Keep Reading

Report: Construction starts to increase further

McGraw-Hill Construction is predicting total U.S. construction starts for 2013 to rise 6 percent to $483.7 billion, a mark that's slightly higher than the 5 percent increase to $458 billion estimated for this year. McGraw-Hill Construction made the prediction in… Keep Reading

Dodge Momentum Index slips

The Dodge Momentum Index retreated 1.4 percent in August compared to July, according to McGraw-Hill Construction, a division of The McGraw-Hill Companies. The Momentum Index is a monthly measure of the first (or initial) report for nonresidential building projects in… Keep Reading

Nonresidential building scene showing improvement

The Dodge Momentum Index, a monthly measure of the first report for nonresidential building projects in planning, climbed 8.1 percent in July after retreating a revised 2.4 percent in June, according to McGraw-Hill Construction. The momentum index for July came… Keep Reading

June construction retreats 1 percent

New construction starts in June slipped 1 percent to a seasonally adjusted annual rate of $446.1 billion, according to McGraw-Hill Construction. After the elevated activity that McGraw-Hill reported during March and April, which reflected the lift coming from two nuclear… Keep Reading

Slight gain for construction starts expected through 2012

McGraw-Hill Construction, as part of its 2012 Dodge Construction Outlook Midyear Update, is predicting total construction starts in the United States to increase 2 percent this year. McGraw-Hill Construction revised its forecast from last October, when it predicted total construction… Keep Reading

Commercial building plans down in May

The Dodge Momentum Index, which measures first-reported nonresidential building projects at the planning stage, slipped 1.2 percent from April to May. The index now sits at 93.6. The decrease is the result of a divergent pattern for the two major… Keep Reading

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