Dodge Momentum Index Gains 9.1% In May
June 7, 2021
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Commercial Planning Bounces Back In May 🙂
The Dodge Momentum Index gained by 9.1% in May, moving to 178.0. This was up from the revised April reading of 163.2. The commercial component of the index jumped by 15.5%. The institutional component, which has led gains in recent months, lowered by just 0.3%.
May-21 | Apr-21 | % Change | |
Dodge Momentum Index | 178.0 | 163.2 | 9.1% |
Commercial Building | 202.3 | 175.2 | 15.5% |
Institutional Building | 148.0 | 148.4 | -0.3% |
Commercial planning saw its strongest month-to-month increase since October 2017.
Describing market conditions, Dodge Data & Analytics stated, “The rising trend in planning activity is a good sign that the economic recovery is starting to spread into the construction sector. However, these projects are unlikely to have an impact on construction starts this year. Rising material prices and a continued shortage of skilled labor have led to project delays. On the upside, construction starts are shaping up for a healthy increase in 2022.”
DMI Posts 8.6% Gain
May 7, 2021
Institutional Planning Again Drives DMI Higher
The Dodge Momentum Index gained by 8.6% in April, moving to 162.4. This was up from the revised March reading of 149.5. The commercial component of the index was down 0.2%. The institutional component …
Institutional Planning Drives DMI Higher In March
April 7, 2021
Institutional Planning Drives DMI Higher In March
The Dodge Momentum Index gained by 1.7% in February, moving to 151.4. This was up from the revised February reading of 148.8. The commercial component of the index was down 3.9%. The institutional …
Dodge Momentum Index Gained In February
March 8, 2021
Dodge Momentum Index Gained In February
The Dodge Momentum Index gained by 7.1% in February, moving to 149.0. This was up from the revised January reading of 139.1. The commercial component of the index was up only 0.1% while the …
Dodge Momentum Index Uneven In January
February 15, 2021
Dodge Momentum Index Uneven In January
The Dodge Momentum Index gained 3.1% in January, moving to 139.4. This was up from the revised December reading of 135.2. The commercial component of the index was up 9.9%. The institutional component was …
Dodge Momentum Index Gains In December
January 8, 2021
Dodge Momentum Index Gains In December
The Dodge Momentum Index gained 9.2% in December, moving to 134.6. This was up from the revised November reading of 123.3. The commercial component of the index was up 14.0%. The institutional component was …
Dodge Momentum Index Drops in November
December 7, 2020
DMI Down in November
The Dodge Momentum Index dropped 2.6% in November, moving to 123.3. This was down from the revised October reading of 126.5. The commercial component of the index was down 1.6%. The institutional component was down 4.4%.
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Dodge Momentum Index Drops in October
November 9, 2020
DMI Drops in October
The Dodge Momentum Index dropped 1.8% in October, moving to 127.5. This was down from the revised September reading of 129.8. The commercial component of the index was down 4.4%. The institutional component was up 3.3%.
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Dodge Momentum Index Up in September
October 7, 2020
DMI Makes Gains In September
The Dodge Momentum Index gained 3.7% in September, moving to 130.8. This was up from the revised August reading of 126.2. The commercial component of the index was up 3.9%. The institutional component was up …
Dodge Momentum Index Posts Modest Gain
September 8, 2020
Institutional Planning Still Struggling
The Dodge Momentum Index gained 1.8% in August, moving to 126.5. This was up from the revised July reading of 124.2.
The commercial component of the index was up 3.3% while the institutional component lost 1.2%.
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