Markets Gain Momentum McGraw Hill Construction's Dodge Momentum Index gained 3.3% in June, its third consecutive monthly increase following a weak first quarter. The index measures non-residential building projects entering the planning stage, which is a lead indicator of construction spending by a full year, according to Dodge. The growing volume of projects at the planning stage suggests that non-residential construction starts should be headed up over the remainder of the year.U.S. Firm Wins Contract To Build Storage Facility in the Ukraine Holtec International, Marlton, N.J., and Ukraine's nuclear utility, Energoatom, have signed a contract to build the Ukraine's first
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.