Dodge Momentum Index Gained 2.9% In August — DRAFT FOR SEPT ’24

September 10, 2024

Dodge Momentum Index Gained 2.9% In August

The Dodge Momentum Index rose 2.9% in August, moving to 220.4. This was up from the revised July score of 214.2. Commercial planning increased 1.9%, and institutional planning gained 5.7%.

Sarah Martin, associate director of forecasting for Dodge Construction Network, stated, “Owners and developers continued to prime the planning queue in August, ahead of next year’s anticipated stronger market conditions.”

Aug-24 Jul-24 % Change
Dodge Momentum Index 220.4 214.2 2.9%
Commercial Building 287.4 282.1 1.9%
Institutional Building 137.6 130.2 5.7%

Martin continued, “With the Fed’s September rate cut all but finalized, the influence of selective lending standards and inflation should moderate next year, alongside a modest upgrade to consumer demand. As a result, stronger planning activity was widespread in August, with most nonresidential sectors seeing growth.”

From a year over year prospective, Dodge stated that the DMI was 31% higher than August of 2023. Commercial activity was up 42% while institutional planning was up 8%.


Sources: For more information about the Dodge Momentum Index, visit the Dodge Data & Analytics website.

Dodge Momentum Index Gained 2.7% In May

June 12, 2024

Dodge Momentum Index Gained 2.7% In May
The Dodge Momentum Index rose 2.7% in May, moving to 179.0. This was up from the revised April score of 174.3. Commercial planning increased 5.5%, while institutional planning dropped 3.4%.
Sarah Martin, associate …

Dodge Momentum Index Rises 6.1% In April

May 7, 2024

Dodge Momentum Index Rises 6.1% In April
The Dodge Momentum Index rose 6.1% in April, moving to 173.9. This was up from the revised March score of 164.0. Commercial planning increased by a substantial 12.6%, while institutional planning fell 6.3%.
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Dodge Momentum Index Drops Nearly 9% In March

April 10, 2024

Dodge Momentum Index Drops Nearly 9% In March
The Dodge Momentum Index descended 8.6% in March, moving to 164.0. This was down from the revised February score of 179.5. Commercial planning dropped by 3.2%, and institutional planning decreased by a …

Dodge Momentum Index Ticks Down In February

March 19, 2024

Dodge Momentum Index Ticks Down In February
The Dodge Momentum Index decreased by 1.4% in February moving to 180.5. This was down slightly from the revised January score of 183.0. Commercial planning lowered by 2.3%, and institutional planning increased by …

Dodge Momentum Index Ticks Up In January

February 15, 2024

Dodge Momentum Index Ticks Up In January
The Dodge Momentum Index improved by 0.1% in January moving to 184.1. This was up slightly from the revised December score of 183.9. Commercial planning lowered by 1.0%, and institutional planning increased by …

Dodge Momentum Index Up 3% In December

January 10, 2024

Dodge Momentum Index Up 3% In December
The Dodge Momentum Index improved by 3% in December moving to 186.6. This was up from the revised November score of 181.5. Commercial and institutional planning both increased by 1% and 6.1% respectively.
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