Dodge Momentum Index Drops in July

August 12, 2019

Institutional Pullback Leads DMI Decline

The Dodge Momentum Index dropped 4.6% in July to land at 138.9. This was a 6.7 point decline from the revised June score of 145.6. The institutional component led the drop, retreating by 10.2%, while the commercial component stayed relatively flat losing just 0.3%.