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% while the institutional component rose by 9%.
May-22 | Apr-22 | % Change | |
Dodge Momentum Index | 176.2 | 165.2 | 6.7% |
Commercial Building | 199.4 | 188.7 | 5.7% |
Institutional Building | 147.6 | 136.0 | 8.5% |
Describing market conditions Dodge Data & Analytics stated, “Despite higher interest rates and fear of recession, nonresidential building projects continue to steadily enter the planning cycle. While higher prices and labor shortages may result in projects reaching groundbreaking later in 2022 or early 2023, they provide hope that the construction sector will be able to withstand a potential economic slowdown fed by higher interest rates.”
For more information about the Dodge Momentum Index, visit the Dodge Data & Analytics website.
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 …
DMI Gains In March
April 8, 2022
DMI Gains In March
The Dodge Momentum Index grew 4% in March moving to 166.9. This was up from the revised February score of 160.3.
In contrast to February the gains were led by a rise in commercial planning. The …
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 …
DMI Hits Four-Month Low in January
February 9, 2022
DMI Hits Four-Month Low in January
The Dodge Momentum Index fell 7% in January moving to 152.9. This was down from the revised December score of 163.7. The commercial component of the index lost 9% and the institutional component dropped …
DMI Down in December, Gained In 2021
January 7, 2022
DMI Down in December, Gained In 2021
The Dodge Momentum Index dropped 3% in December moving to 166.4. This was down from the revised November score of 170.7. The commercial component of the index decreased 4% and the institutional component …
Dodge Momentum Index Drops 4% In November
December 7, 2021
Dodge Momentum Index Drops 4% In November
The Dodge Momentum Index fell 4% in November, moving to 171.7. This was down from the revised October score of 178.1. The commercial component of the index decreased 7.6% while the institutional component …
Dodge Momentum Index Surges 10% In October
November 12, 2021
Dodge Momentum Index Surges 10% In October
The Dodge Momentum Index gained 10% in October, moving to 181.2. This was up from the revised September score of 164.6. The commercial component of the index increased 13.5% while the institutional component …
Dodge Momentum Index Gains 11% In September
October 7, 2021
Dodge Momentum Index Gains 11% In September
The Dodge Momentum Index gained 11% in September, moving to 164.9. This was up from the revised August score of 148.0. The commercial component of the index jumped 13% while the institutional component …
DMI Drops for Third Consecutive Month
September 8, 2021
DMI Drops for Third Consecutive Month
The Dodge Momentum Index lowered 3% in August, dropping to 148.7. This was down from the revised July score of 154.0. The commercial component of the index lost 2% while the institutional component dropped …