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Tag: Dodge Momentum Index

June construction starts increase, while first six months down from a year ago

According to Dodge Data & Analytics, new construction starts in June advanced 9% from the previous month with increases in nonresidential building, office buildings, public buildings, healthcare facilities, and warehouses. However, through the first six months of 2019, total construction starts on an unadjusted basis were down 8% from the same period a year ago.

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Dodge Momentum Index increases in June

Despite the improvement shown by Dodge Data & Analytics’ Dodge Momentum Index in June, planning for commercial and institutional building projects has clearly stepped back from the torrid pace set during the first half of 2018. Indeed, the average of the overall Momentum Index through the first six months of 2019 was 4.3% lower than the same period a year ago, with the commercial component down 5.2% and the institutional component down 3.0%.

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Dodge Momentum Index dips in April

The overall Dodge Momentum Index is down 8.5% since April 2018, with the commercial component 4.7% lower and the institutional component 13.9% lower. However, over the past several months the Momentum Index has moved in a crablike fashion with neither strong gains or losses. This suggests that there continues to be a reasonably healthy number of projects in the planning pipeline to support a moderate level of construction activity in the coming months.

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Dodge Momentum Index inches higher in March

The March uptick was due to a 2.8% increase in the commercial component of Dodge Data & Analytics’s Dodge Momentum Index, while the institutional component fell 3.0%.The overall Momentum Index has essentially moved sideways and stayed within a very narrow band of activity since the fall of last year. This is highly indicative of where building markets currently are at this late stage of the construction cycle.

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Dodge Momentum Index falters in February

In February, nine projects each with a value of $100 million or more entered planning. The leading commercial building projects were the $200 million Keurig/Dr. Pepper office project in Frisco TX and a $200 million mixed-use development in San Jose CA.

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Dodge Momentum Index recovers in January

The Dodge Momentum Index rose 4.7% in January. January’s increase reflected similar gains for the two components of the Momentum Index – institutional building, up 5.0%; and commercial building, up 4.6%.

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Dodge Momentum Index Declines in October

The Dodge Momentum Index moved 4.2% lower in October. The commercial component fell by 4.9% from September to October, while the institutional component dropped 3.1%. The institutional component, meanwhile, has been relatively more stable due to the availability of public funds for projects such as schools and airport terminals.

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Architects design pavilion with red petal facade. Overlapping shingles are composed of Alucobond Spectra Red tiles featuring a Lumiflon FEVE fluoropolymer resin topcoat. Photo credit: Keith Panel Systems

Architects design pavilion with red petal facade. Overlapping shingles are composed of Alucobond Spectra Red tiles featuring a Lumiflon FEVE fluoropolymer resin topcoat. Photo credit: Keith Panel Systems

Guide to Green Building – Product of the Week

Solarban 90 Solar Control Low-E Glass Solarban 90 glass combines industry-leading solar control performance with a true neutral-reflective clear-glass aesthetic. United with clear glass in a standard 1-inch IGU, Solarban 90 glass has a solar heat gain coefficient of 0.23, visible light transmittance of 51 percent and an LSG ratio of 2.22. Solarban 90 glass facilitates the use of smaller HVAC systems to reduce initial capital expenditures and long-term cooling costs. It also enables architects to design buildings with larger expanses of glass to promote daylighting, diminish the need for artificial lighting and connect building occupants to the outdoors. Mountain views, energy efficiency highlight new Ent Center at UC Colorado Springs. Photography by Tom Kessler

Solarban 90 Solar Control Low-E Glass Solarban 90 glass combines industry-leading solar control performance with a true neutral-reflective clear-glass aesthetic. United with clear glass in a standard 1-inch IGU, Solarban 90 glass has a solar heat gain coefficient of 0.23, visible light transmittance of 51 percent and an LSG ratio of 2.22. Solarban 90 glass facilitates the use of smaller HVAC systems to reduce initial capital expenditures and long-term cooling costs. It also enables architects to design buildings with larger expanses of glass to promote daylighting, diminish the need for artificial lighting and connect building occupants to the outdoors. Mountain views, energy efficiency highlight new Ent Center at UC Colorado Springs. Photography by Tom Kessler

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