Dodge Momentum Index Gains in September
October 12, 2022
Dodge Momentum Index Gains in September
The Dodge Momentum Index gained by 5.7% in September moving to 183.2. This was up from the revised August score of 173.4. The commercial planning index rose 2.9% and the institutional component jumped 11.7%.
Dodge Data and Analytics attributed the commercial gains to “an influx of data centers entering the planning queue.” Regarding the institutional surge Dodge cited “a notable increase in research and development laboratory projects in the education sector, with solid contributions from healthcare and recreation projects entering the planning process.”
“The gain in the Momentum Index and its components in September reassures us that despite whispers of recession, owners and developers are still looking to move forward with projects to meet demand,” said David Reaves, senior economist for Dodge Construction Network.
| Aug-22 | Jul-22 | % Change | |
| Dodge Momentum Index | 183.2 | 173.4 | 5.7% |
| Commercial Building | 220.5 | 214.2 | 2.9% |
| Institutional Building | 137.1 | 122.8 | 11.7% |
Reaves continued, “Certain subsectors have shown resilience since the pandemic’s onset, such as data center projects, and continue to stream into the planning pipeline. However, looming challenges still remain for the sector, including supply shortages and the rising cost of materials that could chip away at the flow of new projects if inflation is not tempered.”
For more information about the Dodge Momentum Index, visit the Dodge Data & Analytics website.
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Dodge Momentum Index Lower in August
September 14, 2022
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Dodge …
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The Architecture Billings Index score for July was 51.0, dropping 2.2 points from the June score of 53.2. The Project Inquiries index was 56.1, down from 58.2 last month. The Design Contracts index scored 52.9, up …
Dodge Momentum Index Increases In July
August 10, 2022
Dodge Momentum Index Increases In July
The Dodge Momentum Index grew 2.9% in July moving to 178.7. This was up from the revised June score of 173.6. The commercial planning index moved up 5.5%, while the institutional component dropped 2.0%.
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July 20, 2022
Billings Down Slightly, Remain Healthy
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