Dodge Momentum Drops 6.9% In March
April 28, 2025
Dodge Momentum Drops 6.9% In March
The Dodge Momentum Index dropped 6.9% in March, moving to 205.6. This was down from the revised February score of 220.9. Commercial planning fell 7.8%, while institutional planning was down 5.0%.
Sarah Martin, associate director of forecasting for Dodge Construction Network, stated, “Increased uncertainty around material prices and fiscal policies may have begun to factor into planning decisions throughout March.”
| Mar-25 | Feb-25 | % Change | |
| Dodge Momentum Index | 205.6 | 220.9 | -6.9% |
| Commercial Building | 256.6 | 278.2 | -7.8% |
| Institutional Building | 142.6 | 150.0 | -5.0% |
Martin continued, “While planning data has weakened across most nonresidential sectors this month, activity remains considerably higher than year-ago levels and still suggests steady construction activity in mid-2026.”
From a year over year prospective, Dodge stated that the DMI was 30% higher than March of 2024. Commercial activity was up 32% and institutional planning was up 27%.
Sources: For more information about the Dodge Momentum Index, visit the Dodge Data & Analytics website.