Dodge Construction Network Construction Starts and Forecasts
Dodge Momentum Index in December
The substantive number of projects in the planning queue will support construction spending into 2025.
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Starts for the month of November
The decline was led by a 29% drop for nonresidential as starts felt the impact of higher rates.
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Dodge Momentum Index in November
Nonresidential planning activity remained historically elevated despite the decline
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Starts for the month of October
The start of three megaprojects failed to overcome broad-based weakness as high interest rates and tight credit restrained activity.
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Dodge Momentum Index in October
While education planning activity slowed, October saw an overall increase in the Dodge Momentum Index including heightened momentum in warehouse planning.
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Starts for the month of September
Total construction starts fell 6% in September with declines in all three major sectors - nonresidential, residential, and non-building.
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Dodge Momentum Index in September
The Dodge Momentum Index increased 3% in September supported by an uptick in demand for data centers, life science labs and hospitals.
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