Dodge Momentum Index Up in July
August 7, 2020
DMI Increases for First Time in 2020
The Dodge Momentum Index rose by 3.4% in July, scoring 124.7. This was up from the revised June reading of 120.5.
The commercial component of the index was up 5.3% while the institutional component remained unchanged from June.
Dodge Data & Analytics attributed most of this year’s decline to the month of April when businesses were shut down across the country due to the COVID-19 pandemic.
“The pullback has largely come from institutional planning, rather than commercial plans. State and local government revenues have been squeezed as declines in economic activity have led to a drop in tax revenue just as costs related to the pandemic have skyrocketed. The institutional component is currently 28% below its December 2019 peak and 21% lower than its year ago level. Commercial planning is down 13% from its January 2020 peak, but is actually 1% higher than its year-ago level.”
Dodge Momentum Index Drops in June
July 8, 2020
DMI Drops in June
The Dodge Momentum Index dropped by 6.6% in June, scoring 121.5. This was down from the revised May reading of 130.1.
The institutional and commercial components were both down, dropping by 11.7% and 3.5% respectively.
Dodge …
Dodge Momentum Index Flat in May
June 8, 2020
Construction Planning Essentially Flat in May
The Dodge Momentum Index dropped by just 0.1% in May, scoring 129.2. This was down from the revised April reading of 129.4.
Commercial planning gained 1% while institutional planning lost 1.9%.
Dodge Data & …
Dodge Momentum Index Stumbles in April
May 8, 2020
Commercial & Institutional Planning Down in April
The Dodge Momentum Index dropped by 6.0% in April, scoring 135.9. This was down from the revised March reading of 144.5.
Both the commercial and institutional components were down by 7.6% and 3.2% …
Dodge Momentum Index Down Slightly In March
April 17, 2020
Construction Planning Pulls Back in March
The Dodge Momentum Index dropped by only 0.6% in March, scoring 146.5. This was slightly down from the revised February score of 147.4.
Both the commercial and institutional components were down by 0.8% and …
DMI Retracts for Second Consecutive Month
March 9, 2020
Both DMI Components Down in February
The Dodge Momentum Index dropped by 1.8% in February, scoring 148.7. This was a loss of 2.7 points from the revised January score of 151.4.
Both the commercial and institutional components were down at …
DMI Breaks Positive Streak in January
February 11, 2020
Institutional Planning Loses 11% in January
The Dodge Momentum Index dropped 2.7% in January, scoring 152.5. This was a loss of 4.2 points from the revised December score of 156.7, and broke a four-month streak of gains.
The commercial component …
Dodge Momentum Index Up in December
January 10, 2020
Commercial & Institutional Planning Gained Last Month
The Dodge Momentum Index increased 1.5% in December, scoring 156.2. This was a gain of 2.3 points from the revised November score of 153.9.
Both the institutional and commercial components moved upward by …
Dodge Momentum Index Moves Up in November
December 10, 2019
Institutional Planning Gains 6.5% in November
The Dodge Momentum Index increased 2.9% in November, scoring 155.3. This was a 4.4 point gain from the revised October score of 150.9.
The gain was led by a 6.5% increase in institutional planning …
Dodge Momentum Index Moves Up
November 7, 2019
Institutional Planning Gains 22.8% in October
The Dodge Momentum Index increased 6.9% in October, scoring 152.6. This was a 9.9 point gain from the revised September score of 142.7.
The commercial component of the score lost 0.5% from the …