Dodge Data News Today

A group of big-ticket projects were bolstered by strength in the health care and education sectors.

Construction industry news, trends and jobs for building professionals who want mobile-friendly content.

While the flywheel effect involves considerable upfront exertion, the resulting momentum can sustain a business and keep it moving with less effort applied to routine maintenance over time.

In this article, we’ll take a specific look at technology adoption trends in construction that were in part driven by the pandemic, and how they’ve inadvertently led to a more connected, collaborative, and resilient industry. 

Marathon Group had proposed to redevelop the former Bon Secours DePaul Hospital into almost 500 luxury apartments. Citing rising costs, the developer has pulled out of the project but Bon Secours is still looking to sell the land.

HAMILTON, N.J., October 06, 2023--The Dodge Momentum Index (DMI), issued by Dodge Construction Network, improved 3% in September to 182.5 (2000=100) from the revised August reading of 178.0. Over the month, the commercial component of the DMI fell 1%, while the institutional component increased 9%.

HAMILTON, N.J., September 20, 2023--Total construction starts rose 6% in August to a seasonally adjusted annual rate of $1.3 trillion, according to Dodge Construction Network. Nonresidential starts rose 40% thanks to a large pickup in manufacturing and transportation buildings. Residential and nonbuilding starts fell 1% and 14%, respectively.

HAMILTON, N.J., September 08, 2023--The Dodge Momentum Index (DMI), issued by Dodge Construction Network, declined 6.5% in August to 178.0 (2000=100) from the revised July reading of 190.3. Over the month, the commercial component of the DMI fell 1.6%, while the institutional component fell 14.8%.

HAMILTON, N.J.--(BUSINESS WIRE)--Sep 8, 2023--The Dodge Momentum Index (DMI), issued by Dodge Construction Network, declined 6.5% in August to 178.0 (2000=100) from the revised July reading of 190.3. …

Construction industry news, trends and jobs for building professionals who want mobile-friendly content.