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Economic News

Dodge Momentum Index Decreases 1% in November

The Dodge Momentum Index, issued by Dodge Construction Network, decreased 1% in November to 179.2 (2000=100) from the revised October reading of 181.7. Over the month, the commercial and institutional components both fell 1%. “While...

Construction Labor Productivity: The $20 Billion Opportunity

FMI Corporation has released the 2023 Labor Productivity Study. The study explores current trends, challenges, management best practices and innovations for optimizing labor productivity. Here are some of the study’s key findings: Many of the top...

Armstrong World Industries Acquires BŌK Modern

Armstrong World Industries has acquired BŌK Modern, a pioneer in the design and development of integrated architectural metal systems for a range of interior and exterior applications.    BŌK has built its business on collaborating with...

Architecture Firm Billings Remain Flat

Billings at architecture firms remained flat in July, with an AIA/Deltek Architecture Billings Index score of 50.0 for the month. A score of 50.0 means that the share of firms that reported a decline in...

Equipment Finance Industry Confidence Improves Again in August

The Equipment Leasing & Finance Foundation’s August 2023 Monthly Confidence Index for the Equipment Finance Industry reports that confidence in the equipment finance market is 50.4, an increase from the July index of 46.4.    When...

Dodge Momentum Index Drops 6.5% in August

The Dodge Momentum Index, issued by Dodge Construction Network, declined 6.5% in August to 178.0 (2000=100) from the revised July reading of 190.3. Over the month, the commercial component of the DMI fell 1.6%, while...