Dodge Momentum Index Climbs in October
The Dodge Momentum Index continued to climb in October, improving 9.6 percent to 199.7, compared to 182.2 in September. The commercial component increased the most at 13 percent.
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The Dodge Momentum Index continued to climb in October, improving 9.6 percent to 199.7, compared to 182.2 in September. The commercial component increased the most at 13 percent.
The Dodge Momentum Index (DMI) continued to steadily rise in October, with a 9.6% boost to 199.7 from the revised September reading of 182.2. This increase was driven by a 13% and a 2.9% rise in the commercial building and institutional building components, respectively. As detailed by Dodge...
According to the Dodge Construction Network, total construction starts decreased 19 percent in September, nonresidential building starts dropped 23 percent, residential starts fell 11 percent, and nonbuilding starts declined by 25 percent.
The latest data from the Dodge Construction Network (DCN) has revealed a 19% decline in the total number of construction starts for September, marking the second consecutive month in which declines were recorded following a 48% increase in July. The new seasonally adjusted annual rate is now $...
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