Portland Cement Shipments

For the three months total (3MMT), ending May, national Portland cement shipments fell by 1.5% on a 3MMT year on year (y/y), basis. Seven of the nine census regions posted lower 3MMT cement shipments y/y. The Mountain and West South Central regions posted 3MMT y/y increases of 5.8% and 9.3% respectfully. Portland cement shipment data [...]

Dodge Momentum Index

The Dodge Momentum Index fell 4.6 points in July to 135.0 or -3.3% month on month, (m/m) from its revised June reading of 139.6. A 6.5% decline in the institutional sub-index was the main reason for the drop. The Momentum Index is a monthly measure of the initial report for nonresidential building projects in planning, [...]

Construction Put-in-Place

U.S. Census Bureau non-seasonally adjusted (NSA), constant dollar CPIP data showed that June total construction expenditures grew by 4.1% year on year (y/y), to $1208.9 billion (B). Private expenditures advanced 7.4% y/y, while, State & Local contracted by 4.5% y/y. Non-residential CPIP increased by 6.0% y/y to $570.6B led by strong performances for Commercial, Office, [...]

Dodge Momentum Index

The Dodge Momentum Index moved up 0.6 percentage point in June to 134.7 or +0.5% month on month, (m/m). On a 12 month moving average (12MMA), basis the index scored 135.8, flat y/y. The Momentum Index is a monthly measure of the initial report for nonresidential building projects in planning, which have been shown to [...]

U.S. Infrastructure

The American Society of Civil Engineers (ASCE) issues a report card on the health of infrastructure in America on a four year cycle. The 2017 report was just released and the overall score was “D+” on an A to F scale, the same score as the previous report. There are 16 categories that the ASCE [...]