October Construction Recedes 4 Percent

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 in 2014.
Source: New feed

Dodge Momentum Index Increases in October

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.
Source: New feed