The value of new construction starts settled back 4% in October to a seasonally adjusted annual rate of $589.8 billion, according to Dodge Data & Analytics (formerly McGraw Hill Construction). The decline followed the 10% increase reported in September, which was the strongest month for total construction starts so far...
The Dodge Momentum Index rose in October, climbing to 125.5 (2000=100) for the month, up 7.6% from September’s reading of 116.6 according to Dodge Data & Analytics.
McGraw Hill Construction (http://construction.com/) will release the 2015 Dodge Construction Outlook Report, a mainstay in construction industry forecasting and business planning, at 1:20 p.m. ET on November 6 during the company’s Outlook Executive Conference.