Construction planning reverses 6-month losing streak
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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%.
As the construction industry continues to grapple with the difficulties of the last several years, some sectors have fared better than others, and experts predict there is still some time to come before these issues have been settled.
Despite higher material costs, the industry has seen a hefty increase in revenue this year thanks to people on the move.
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