Tag: Dodge Data & Analytics

Dodge Momentum Index Moves Higher in April

The Dodge Momentum Index jumped 6.1% in April to 163.0 (2000=100) from the revised March reading of 153.7. Over the last two months the commercial portion of the Momentum Index has posted the most aggressive growth, fueled by continued low vacancy rates for commercial buildings as well as the potential benefits from the tax cuts passed in December.

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March National Starts: Audio Commentary from Robert Murray

New construction starts in March increased 11% from the previous month to a seasonally adjusted annual rate of $785.2 billion, according to Dodge Data & Analytics. The substantial gain followed modest declines in January (down 2%) and February (down 3%), and brings the pace of total construction starts to the highest level over the past six months.

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New Construction Starts in February Recede 3 Percent

The institutional categories as a group increased 5% in February, boosted by a 52% surge for new healthcare facilities.  There were six healthcare facilities valued each at $100 million or more entered as February starts, led by the $400 million Boston Children’s Clinical Building in Boston MA, the $320 million Prince George’s County Regional Hospital in Upper Marlboro MD, and the $180 million expansion to the University of Mississippi Medical Center Children’s Hospital in Jackson MS. 

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U.S. Census Bureau Awards Contract to Dodge Data & Analytics

Dodge Data & Analytics has been awarded a multi-year contract to continue providing data for U.S. Construction Projects Started to the U.S. Department of Commerce Census Bureau. The Dodge projects are a key input to the Nonresidential Construction Spending forecast that tracks the monthly value of Construction Put in Place.

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Construction starts fall in October

New construction starts in October dropped 9% to a seasonally adjusted annual rate of $742.9 billion, pulling back after a 14% jump in September, according to Dodge Data & Analytics. 

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Dodge Momentum Index recovers in October

The Dodge Momentum Index rose in October, climbing 13.2% to 130.9 (2000=100) from the revised September reading of 115.6. The move higher in October nearly reversed the erosion of the past four months (including September’s 7.9% decline), with October posting healthy gains in both sectors.

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Most read in May 2018

Sound Transit recently broke ground on its new Operations and Maintenance Facility (OMF) East, which will service and house light rail vehicles for the growing fleet in the Puget Sound area. Courtesy of Stantec

Sound Transit recently broke ground on its new Operations and Maintenance Facility (OMF) East, which will service and house light rail vehicles for the growing fleet in the Puget Sound area. Courtesy of Stantec

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