Economic News

2023 March

Dodge Momentum Index Dips in January

The Dodge Momentum Index, issued by Dodge Construction Network, fell 8.4% in January to 201.5 (2000=100) from the revised December reading of 220.0. In January, the commercial component of the DMI fell 10.0%, and...

January 2023

Nonresidential Construction Spending Down 0.3% in October

National nonresidential construction spending was down by 0.3% in October, according to an Associated Builders and Contractors analysis of data published by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending...

January 2023

Architecture Firm Billings Decline Further in November

After architecture firms experienced their first decline in billings in nearly two years in October, business conditions softened further in November, as the AIA’s Architecture Billings Index score fell to 46.6 (any score below...

January 2023

Dodge Momentum Index Advances in November

The Dodge Momentum Index, issued by Dodge Construction Network, 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...