Dodge Momentum Index Gains In December

January 8, 2021
Industry News

Dodge Momentum Index Gains In December

The Dodge Momentum Index gained 9.2% in December, moving to 134.6. This was up from the revised November reading of 123.3. The commercial component of the index was up 14.0%. The institutional component was up 0.3%.

Nov-20 Dec-20 % Change
Dodge Momentum Index 123.3 134.6 9.2%
Commercial Building 145.6 165.9 14.0%
Institutional Building 95.6 95.9 0.3%

Describing the increase in December, Dodge Data & Analytics stated, “The gain in the commercial component of the Momentum Index was heartening even though the increase was mostly the result of a sizable increase in warehouse planning. The warehouse sector has been one of the few areas of construction that has flourished during the pandemic thanks to increased demand for online shopping. For the full year of 2020, the Dodge Momentum Index lost 4.8% from 2019. The institutional component of the Momentum Index dropped 13.5%, while the commercial component increased 0.8%.”