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Total construction starts fell 18% in November to a seasonally adjusted annual rate of $926 3 billion, according to DCN During the month, nonresidential building starts lost 25%, nonbuilding shed 21%, and residential starts dropped 5% [ watch video ]
The DMI increased 3 8% (2000=100) in November to 207 2 from the revised October reading of 199 6 During the month, the DMI continued its steady ascent, with the commercial component rising 4 3%, and the institutional component ticking up 2 7% [ watch video ]
Despite higher interest rates, we continue to see total construction starts rise 8% in October Learn which sectors are feeling the pain and which are hitting their stride [ watch video ]
The DMI improved 9 6% (2000=100) in October to 199 7 from the revised September reading of 182 2 During the month, the DMI continued its steady ascent, with the commercial component rising 13%, and the institutional component ticking up 2 9% [ watch video ]
While a downturn in September's construction starts data may look disheartening, Dodge Construction Network's Chief Economist, Richard Branch, tells us this is a return to normal [ watch video ]
Despite economic uncertainty, September's Dodge Momentum Index shows a bright future for construction with notable increases from data centers and research laboratory projects [ watch video ]
Total #construction starts fell 9% in August, following a massive surge in July Despite this dip, total construction continues to grow in 2022 [ watch video ]
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