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Tag: Dodge Data & Analytics

Dodge Momentum Index moves higher in October

The Dodge Momentum Index grew 4.1% in October to 133.6 from its revised September reading of 128.3 (2000=100). The Momentum Index is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year. October’s gain nearly reversed the loss in September, and returns the Momentum Index to the rising trend that began earlier in the year.

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Construction starts ease back 2 percent in September

The value of new construction starts in September decreased a slight 2% to a seasonally adjusted annual rate of $703.7 billion, according to Dodge Data & Analytics.  This follows the 22% jump for total construction starts in August, which witnessed the highest monthly pace for construction starts so far in 2016.

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August construction starts jump 21 percent

New construction starts in August soared 21% to a seasonally adjusted annual rate of $711.2 billion, according to Dodge Data & Analytics, following lackluster activity in July.  The August rise for total construction starts featured an especially elevated amount for nonresidential building, which was helped by the start of a $3 billion petrochemical plant in Louisiana, the $1.7 billion Wynn Casino in the Boston MA area, and a $508 million terminal upgrade at Seattle-Tacoma International Airport.

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July construction starts slip 2 percent

“While the loss of momentum for total construction starts in June and July may raise some concern about the overall health of the construction industry, it’s useful to keep in mind that the recent declines were tied to two segments, public works and electric utilities, that are prone to volatility on a month-to-month basis,” stated Robert A. Murray, chief economist for Dodge Data & Analytics.

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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.

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