HAMILTON, N.J. (Nov. 5, 2021) — The Dodge Momentum Index increased 10% in October to 181.2 (2000=100), from the revised September reading of 164.6. The Momentum Index, issued by Dodge Construction Network, is a monthly measure of the initial report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year. In October, commercial planning rose 14% and institutional gained 3%.

WASHINGTON (Nov. 4, 2021) — Longtime construction industry leader, instructor and military veteran Frank Boecker recently testified on behalf of Associated Builders and Contractors (ABC) before the U.S. House Committee on Small Business Subcommittee on Innovation, Entrepreneurship and Workforce Development on the indispensable role that community colleges, trade schools and career and technical education programs play in the construction industry.

ARLINGTON, Va. (Nov. 2, 2021) — Total construction spending declined in September for the first time since February, as both residential and nonresidential construction slipped, according to a new analysis of federal construction spending data from the Associated General Contractors of America (AGC).

WASHINGTON (Oct. 28, 2021) — Investment in nonresidential structures contracted at an annual rate of 7.3% during the third quarter of 2021 and has now contracted during seven of the past eight quarters, according to an Associated Builders and Contractors (ABC) analysis of data by the U.S. Bureau of Economic Analysis. The overall economy expanded at a 2.0% annualized rate during the third quarter of 2021.