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Dodge Momentum Index drops 1% for November, reversing October's gains

The latest Dodge Momentum Index (DMI) for November has indicated a 1% drop to 179.2 a month after posting a revised total of 181.7 for October that was propelled by gains in the commercial sector. Over November, both the commercial and institutional components fell by 1%. DCN says these results...
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Construction starts for October drop 7%, led by declines in the nonbuilding sector

New data from the Dodge Construction Network has construction starts falling 7% in October to a seasonally adjusted annual rate of $1.1 trillion. The figures follow Septemberโ€™s 6% decline and represent another 4% year-to-year decline when compared to the same data sets from October 2022.&nbsp...
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