nonresidential building
Dodge Momentum Index at highest mark in two-plus years
The Dodge Momentum Index rose for the second straight month in January, climbing 2.7 percent to 97.6 and providing some optimism for the nonresidential building segment. The index is a monthly measure of the first report for nonresidential building projects… Keep Reading
Nonresidential building plans rebound in December
The Dodge Momentum Index, the monthly measure of the initial report for nonresidential building projects in planning, rose 3.2 percent in December, according to McGraw-Hill Construction. The December gain lifted the index to 94.9, up from November's revised 91.9. After… Keep Reading
Institutional building increase boosts Dodge Momentum Index
The Dodge Momentum Index, the monthly measure of the first report for nonresidential building projects in planning, held steady in November, according to McGraw-Hill Construction. The index registered a 92.5 in November – an increase relative to October's revised 92.0.… Keep Reading
Power plant pullback triggers October construction starts retreat
The value of new construction starts retreated 14 percent in October to a seasonally adjusted annual rate of $434.9 billion, according to McGraw-Hill Construction. Much of the decline was due to a sharp pullback by the electric power and gas… Keep Reading
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
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
Cement consumption expected to exceed earlier expectations
The Portland Cement Association (PCA) has nearly doubled its expected 2012 cement consumption figures in a revised forecast that reflects the favorable weather much of the United States has had, gains in residential and nonresidential construction activity, and gains in… Keep Reading
Construction spending at highest level in 36 months
Construction spending in June rose to a 2 ½-year high as double-digit percentage increases in private residential and nonresidential construction offset an ongoing downturn in public construction, according to an analysis of new federal data released by the Associated General… 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