This audio is automatically generated. Do us know if you have comments.
Non -residential Construction planning activity fell in MarchReverting the recent earnings obtained to start the year, according to Dodge Construction Network.
The Dodge Momentum Index, a reference point that traces non -residential construction planning, decreased 6.9% in March, such as the threat of rates and projections of wider projects of uncertainty.
Commercial planning dropped by 7.8% due to slower activity in the warehouse, data centers and retail projects. Institutional planning, such as education, life sciences and healthcare projects, fell by 5%, according to the report.
Hesitation on the tendency of material prices The April 2 April rates by President Donald Trump Probably contributed to the slowdown of future planning. Trump administration’s rates have fueled concerns in the construction industry on increasing material costs and Cancellations of potential projects.
“The increase in uncertainty around material prices and tax policies may have begun to take into account planning decisions throughout March,” said Sarah Martin, an associate director of forecasting in the DODGE Construction Network. “Although the planning data has weakened in most non -residential sectors this month, the activity is still considerably higher than the levels of the year and still suggests a constant construction activity in mid -2016.”
The impulse around the planning of the data center, one of the most significant engines of growth in recent months, is slowed down during the month. For example, Microsoft, one of the Major data centers buildersHe has recently announced that he is slowing or stopping some projects in the Initial Data Center, including a A billion dollars is built in OhioAccording to Associated Press.
Trump’s rates could also move forward Future Investion Center Center If prices continue to increase and supply chain restrictions worse. This could lead to more delays in projects.
But the planning of the data center is still at historically high levels, according to Dodge. Even with the slowdown of the month, this type of single building continues to significantly promote general planning figures.
The Dodge Momentum index jumped 30% year -on -year, with 32% commercial planning and institutional planning up to 27%, according to data.
However, without projects at the data center, commercial planning would have increased only 4% compared to March 2024, while Global DMI would have risen only 12%, according to Dodge.
A total of 25 projects with a value of $ 100 million or more entered the planning throughout March. Among the main commercial projects included:
- The Logistics Logistics Investments Logistics Data Center in Bessemer, Alabama.
- The expansion of $ 340 million at the Ontario Conventions and Hotel Center in Ontario, California.
- The Cinco Data Center of $ 300 million in Natalia, Texas.
The largest institutional projects to enter the planning included:
- The $ 500 million outpatient care building at the San Marcos San Marcos Medical Center in San Marcos, California.
- Roanoke High School of $ 165 million in Roanoke, Virginia.
- The expansion of the Milken Community School of $ 135 million in Los Angeles.
