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December's Dodge Momentum Index increases by 3% thanks to commercial sector gains

The latest Dodge Momentum Index (DMI) has posted an increase of 3% for December to a new total of 186.6, showing a marked improvement over November’s revised figure of 181.5.  For the month, commercial planning grew 1.0%, and institutional planning improved 6.1%. Hotels and data centers...
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November construction starts drop 15% to new ten-month low

Construction starts for the month of November fell by 15% to new ten-month lows at a seasonally adjusted annual rate of $927 billion, according to the latest figures from the Dodge Construction Network.  For the month, nonresidential building starts fell 29%, residential starts lost 6%, and...
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