Construction's manufacturing boom: Mapping the biggest facilities underway in the US
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The Dodge Momentum Index, issued by Dodge Construction Network, continued its decline in June with a 2.5% decrease, due to sharp decline in institutional planning, resulting in a reading of 197.3 from the revised May reading of 202.4.
Total construction starts continue to fluctuate, with a 9% dip in June resulting in a seasonally adjusted annual rate of $1 trillion, according to the latest Dodge Construction Network report. Nonresidential starts led the decline, falling 14%. Nonbuilding starts fell 9%, and residential starts...
Construction industry news, trends and jobs for building professionals who want mobile-friendly content.
Following a 19.7% surge in spending for commercial, institutional, and industrial buildings in 2023, leading construction industry economists expect spending growth to come back to earth in 2024, according to the July 2023 AIA Consensus Construction Forecast Panel.