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Commercial pullback led to lower construction planning in October
By Sebastian Obando,
1 days agoAfter a promising September, mounting economic pressures dimmed construction planning activity in October, according to Dodge Construction Network. The Dodge Momentum Index, a measure of nonresidential construction projects entering the planning stages, fell 9% month over month in October, according to a Nov. 6 news release. Commercial and institutional planning dropped 13.4% and 1.5% respectively, according to the report.
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