DMI Rises After Months of Decline

March 9, 2022

DMI Rises After Months of Decline

Following three consecutive months of declination the Dodge Momentum Index gained 4% in February moving to 158.2. This was up from the revised January score of 151.9.

The commercial component of the index rose 1.3% and the institutional component was up by 9.2%.

Describing market conditions Dodge Data & Analytics stated, “Much of February’s gain was due to a sizeable jump in the institutional component, as more education and healthcare projects entered planning. Commerical planning remained solid thanks to office and warehouse projects. When compared to February 2021, the overall Momentum Index was 11% higher in February 2022. The institutional component was up 37%, while the commercial component was down 1% on a year-over-year basis.”

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