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 institutional component rose by 2.3%.

Describing market conditions Dodge Data & Analytics stated, “With the gain in April, the Dodge Momentum Index was just 5% shy of the all-time high set in the fall of 2021. The main impetus behind this trend is the commercial sector, which has been driven by a growing number of data center, warehouse and hotel projects entering the planning queue. The institutional component has made moderate improvements as well, as more education, healthcare and recreation projects begin the planning process. On a year-over-year basis, the Momentum Index was 17% higher than in April 2021. The commercial component was 15% higher, while the institutional component was 22% higher than a year ago.”

For more information about the Dodge Momentum Index, visit the Dodge Data & Analytics website.