The Dodge Momentum Index (DMI), issued by Dodge Construction Network, increased by 10.4% in June to 198.6 (2000=100) from the revised May reading of 179.9. Over the month, commercial planning increased 14.5% and institutional planning ticked up 0.2%.
Learn why Starnet believes the commercial flooring industry is entering a time of rapid CRE transformation. The stress of the current state of the global financial system and widely available data modeling will drive global real estate decision trends.
Construction employment increased in 39 states in May from a year earlier, while 26 states added construction jobs between April and May. Association officials noted that a recent report the association released showed the federal government significantly underinvests in workforce development programs needed to expose, and prepare, workers to careers in fields like construction.
While single-family construction expanded in the first quarter despite higher mortgage rates, multifamily construction for 2024 is experiencing a notable slowdown primarily because financing conditions.
The Dodge Momentum Index (DMI), issued by Dodge Construction Network, increased 6.1% in April to 173.9 (2000=100) from the revised March reading of 164.0. Over the month, commercial planning improved 12.6% and institutional planning dropped 6.3%.
Polyurea coatings, known for their exceptional durability, chemical resistance, and fast curing properties, have witnessed significant growth in various industrial applications, including industrial flooring and construction applications.