Dodge Momentum Index Lower in August
September 14, 2022
Dodge Momentum Index Lower In August
The Dodge Momentum Index dipped 1.2% in August moving to 171.9. This was down from the revised July score of 174.0. The commercial planning index gained 1%, while the institutional component dropped 5.6%.
Dodge Data and Analytics cited an increase in hotel projects leading the commercial gain, while a decrease in healthcare projects brought the institutional component down.
“In spite of weak institutional planning activity, the Momentum Index remained elevated in August, just a notch below July’s 14-year high. This indicates continued confidence from owners and developers that nonresidential building projects will be realized in the coming year,” said Sarah Martin, senior economist for Dodge Construction Network.
| Aug-22 | Jul-22 | % Change | |
| Dodge Momentum Index | 171.9 | 174.0 | -1.2% |
| Commercial Building | 212.9 | 210.9 | -1.0% |
| Institutional Building | 121.2 | 128.4 | -5.6% |
Martin continued, “Weaker economic conditions and rising interest rates, however, may grind down overall consumer and business confidence as we move into 2023 — translating into fewer nonresidential building projects breaking ground.”
For more information about the Dodge Momentum Index, visit the Dodge Data & Analytics website.
Billings Down, Remain Positive
August 25, 2022
Billings Down, Remain Positive
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%.
Continue Reading
Billings Down Slightly, Remain Healthy
July 20, 2022
Billings Down Slightly, Remain Healthy
The Architecture Billings Index score for June was 53.2, dipping less than a point from the May register of 53.5. The Project Inquiries index was 58.2, down from 63.9. The Design Contracts index scored 52.2, …
DMI Inches to 14-Year High in June
July 11, 2022
DMI Inches to 14-Year High in June
The Dodge Momentum Index grew less than a percentage point in June moving to 173.6. This was up from the revised May score of 173.1. While the gain was slight, the Index reached …
Billings Down, Remain Strong
June 22, 2022
Billings Down, Remain Strong
The Architecture Billings Index score for May was 53.5, dropping 3 points from the April register of 56.5. The Project Inquiries index was 63.9, up from 62.3. The Design Contracts index scored 56.9, up from 55.4. …
Dodge Momentum Index Gains In May
June 7, 2022
Dodge Momentum Index Gains In May
The Dodge Momentum Index grew 7% in May moving to 176.2. This was up from the revised April score of 165.2.
The commercial planning index continued upward from the previous two months gaining 6% …
Billings Moderate, Still Strong
May 20, 2022
Billings Moderate, Still Strong
The Architecture Billings Index score for April was 56.5, lowering 1.5 points from the March register of 58.0. The Project Inquiries index was 62.3, down slightly from 63.9. The Design Contracts index scored 55.4, down from …
Dodge Momentum Index Climbed In April
May 9, 2022
Dodge Momentum Index Climbed In April
The Dodge Momentum Index grew 6% in April moving to 164.8. This was up from the revised March score of 155.0.
The commercial planning index continued upward from last month gaining 8.9% while the …
Billings Surge In March
April 22, 2022
Billings Surge In March
The Architecture Billings Index score for March was 58.0, gaining 6.7 points from the February register of 51.3. The Project Inquiries index was 63.9, up from 62.5. The Design Contracts index scored 60.5, up from 55.2.
Continue Reading