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Market Update | October 8, 2025

The September Dodge Momentum Index came in at 304.6, up from a downwardly revised 294.7 in August. Compared to August, commercial planning grew by 4.7%, while institutional planning increased by 0.9%. On the commercial side, activity slowed for warehouses, offices, and hotels, while gaining momentum in data centers and retail. On the institutional side, education and recreational planning slowed while healthcare and public planning grew. ​Planning momentum remained steady and will correlate to stronger construction spending​ in the back half of 2026 and into 2027.

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Market Update

Market Update | August 27, 2025

Now down for the second time in the last three months, July new home sales came in at a 652,000 unit rate, down 0.6% from June and down 8.2% from the 710,000 unit rate last July.

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Market Update

Market Update | August 20, 2025

On the back of stronger apartment complex starts, new housing starts came in at a 1.428 million unit rate, up 5.2% from June and up 12.9% from the 1.265 million unit rate last July. The jump in July starts comes on the back of upwardly revised readings in both May and June.

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Market Update

Market Update | August 13, 2025

​Prices paid by consumers increased again in July, climbing 0.15% on an adjusted basis from June.​ Despite the increase, this was the smallest month-over-month growth since December. It’s the third consecutive month in which prices increased on a year-over-year basis, however, climbing 2.7% compared to last July. Excluding the volatile food and energy sectors, prices increased 0.19% from June and were up 3.06% from last July. The CORE-CPI saw prices increase the most for the shelter index, medical care, vehicle insurance, and household furniture. Prices for apparel, appliances, and nonprescription​ drugs, were down compared to last July.

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