construction spending

Economy Watch: Nonresidential Building Planning Slips in January

Despite a decrease in the Dodge Momentum Index for the month, the index is 7.7 percent higher than a year ago, suggesting nonresidential building construction should continue to post gains in 2018.

Economy Watch: Positive Outlook for Nonresidential Construction in 2018

The Dodge Momentum Index ended 2017 on a high note, which bodes well for construction activity this year.

Economy Watch: Construction Spending Up in 2017

During the first 11 months of 2017, construction spending nationwide amounted to $1.14 trillion, 4.2 percent more than for the same period in 2016, the U.S. Census Bureau reported.

Economy Watch: Architects Remain in Demand in November

The American Institute of Architects’ Architecture Billings Index came in at 55.0, up from the previous month, meaning demand for U.S. architecture firms’ design services remains strong.

Economy Watch: Construction Spending Edges up in October

Most of the month’s gain was in the nonresidential construction sector, as multifamily construction spending dropped in October, according to the U.S. Census Bureau’s latest report.

Economy Watch: Construction Spending Up in Most States

An increase in construction activity adds to the income and potential growth of each state, noted Markstein Advisors’ Bernard Markstein, who prepared the latest Associated Builders and Contractors report.

Economy Watch: Nonresidential Planning Ticks Up in October

The increase nearly reversed the erosion of the past four months, with October posting healthy gains in both commercial and institutional project planning, according to Dodge Data & Analytics.

Economy Watch: Nonresidential Project Planning Slows in September

While the Dodge Momentum Index has fallen for four consecutive months, that doesn’t necessarily indicate a turn in the building construction market, noted Dodge Data & Analytics.

Economy Watch: Construction Material Prices Still on the Rise

Demand for construction materials remains high in the U.S., with positive wealth expectations creating confidence in real estate developers, according to a recent Associated Builders and Contractors report.

Economy Watch: Nonresidential Building Planning Dips in August

Dodge Data & Analytics reported that the decline was due to an 8.7 percent drop in the commercial component of the Dodge Momentum Index, bringing planning activity to a more sustainable pace.