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Tag: Dodge Data & Analytics

Construction starts fall 18% in September

Dodge Data & Analytics reported today that total construction starts dipped 18% in September to a seasonally adjusted annual rate of $667.7 billion, essentially taking back August’s gain. While some of this decline is certainly payback from several large projects entering start in August, the drop in activity brought total construction starts below levels seen in June and July.

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Dodge Momentum Index increases in September

The Dodge Momentum Index, issued by Dodge Data & Analytics, rose 3.7% in September. The Momentum Index has made steady, albeit slow, progress since hitting a nadir in June. In the third quarter, the Momentum Index gained 2.2% over the previous three months.

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Construction starts post solid gain in August

Total construction starts rose 19% in August to a seasonally adjusted annual rate of $793.3 billion, according to Dodge Data & Analytics. Gains were seen in all three major building sectors: nonresidential building starts rose 16% and residential building climbed 12%, while nonbuilding construction jumped 40% over the month. While large projects certainly influenced the August gains, removing those projects would still have resulted in a gain for the month.

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Dodge Momentum Index inches up in August

Dodge Data & Analytics reports that the Dodge Momentum Index increased 1.8% in August. The commercial component rose 3.3%, while the institutional component moved 1.2% lower. The August increase in the overall Momentum Index is the second consecutive rise and a further sign that the construction sector continues to post a modest recovery following the large declines in April and June. This recovery, though, is uneven.

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Construction starts lose ground in July

Total construction starts fell 7% in July to a seasonally adjusted annual rate of $631.6 billion, according to Dodge Data & Analytics. The decline was due to a significant pullback in the nonbuilding segment, which fell 31% from June to July. Nonresidential building starts rose 3% while residential building starts increased 2%.

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Dodge Momentum Index increases in July

This month’s increase in the Dodge Momentum Index was the first in all of 2020. Since December 2019, the Momentum Index has lost 18% with most of the decline coming in April when the COVID-19 pandemic led to numerous business shutdowns across the country. The pullback has largely come from institutional planning, rather than commercial plans.

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Construction starts show additional gains in June

Dodge Data & Analytics reported today that total construction starts increased 6% in June to a seasonally adjusted annual rate of $641.4 billion. This marks the second consecutive monthly gain in construction starts following the COVID-19 induced declines in March and April. In June nonresidential building starts gained 6% and starts in the nonbuilding sector moved 27% higher. Residential starts, by contrast, fell 6% during the month.

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Dodge Data & Analytics appoints Daniel McCarthy as new CEO

Dodge Data & Analytics has appointed Daniel (Dan) McCarthy as the company’s new CEO. The company stated that as a versatile and experienced CEO, he will bring an established track record of 25+ years of exceptional leadership, talent development, and strategic focus in successfully transforming businesses and driving growth initiatives to Dodge’s organization.

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Construction starts show sharp contraction in April

Dodge Data & Analytics announced today that total construction starts declined 25% from March to April to a seasonally adjusted annual rate of $572.2 billion as COVID-19 and economic recession hit the construction sector. In April, nonresidential building starts fell 37% from March, while residential dropped 25%. The decline in nonbuilding construction starts was more tepid, falling just 5% due to strong activity in streets and bridges.

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Dodge Momentum Index falls on COVID-19 in April

The Dodge Momentum Index moved 6.0% lower in April to 135.9 from the revised March reading of 144.5. Both components of the Momentum Index pulled back during the month – the commercial component fell 7.6%, while the institutional component dropped 3.2%.

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Cradle to Cradle Certified products

The Cradle to Cradle program certifies products based on five quality categories—material health, material reutilization, renewable energy and carbon management, water stewardship, and social fairness. Click here to see a list of building supply & materials, as well as other products, that are Cradle to Cradle certified.