Tag: Dodge Momentum Index

Business

Construction starts predicted to rise 3% in 2018

Total U.S. construction starts will grow 3 percent next year as the industry moves into “a mature stage of expansion,” according to the 2018 Dodge Construction Outlook. The pullback will continue in areas of multifamily and hotel construction starts. The increase will be led by continued growth in single-family houses, warehouses and office buildings. A […]

November 3, 2017

Dealers

Business Roundup: ALLU adds new facility; Construction planning continues slide; Subs sought for hurricane cleanup; Construction adds jobs

Construction adds 8,000 jobs in September The construction industry added 8,000 jobs during September bringing total industry employment to 6.911 million Americans, according to preliminary data from the Labor Department. Read more.   ALLU adds capacity with new facility in East Brunswick, N.J. ALLU has opened a new facility in East Brunswick, New Jersey, to give […]

October 10, 2017

Business

Commercial construction planning drops for fourth month in a row

Planning for nonresidential construction projects continued to lose ground in September for the fourth consecutive month, according to the Dodge Momentum Index. The index declined 8.4 percent from August, with institutional building dropping the most, at 11.5 percent. Commercial building planning fell 6.1 percent. The index measures the initial report for nonresidential building projects being […]

October 9, 2017