Dodge Momentum Index Drops in February
March 8, 2019
Activity Expected to Soften This Year
After losing ground in December only to largely reverse those losses the following month, the DMI dipped again in the second month of 2019.
The February score was 146.9, down 4.4% from the revised January score of 153.6.
Both the commercial and institutional components were down in February, by 3.4% and 5.9% respectively.
DMI Rises in January
February 7, 2019
December Decline Largely Reversed
The Dodge Momentum Index was 157.7 in January, gaining 4.7% from the revised December reading of 150.6.
The gains were led by institutional activity, up 5.0% from 136.0 to 142.8. Commercial activity was up …
Dodge Momentum Index Lowers in December
January 9, 2019
Year Closes with Drop in Commercial Planning
The Dodge Momentum Index was 151.9 in December, dropping 4.9% from the revised November reading of 159.7.
The decline was led by commercial activity, which dropped 7.6% from 176.1 to 162.7. …
Dodge Momentum Index Higher in November
December 10, 2018
Commercial Activity Rebounds
The Dodge Momentum Index was 159.7 in November, rising 5.3% from the revised October reading of 151.7.
The commercial component drove the increase, surging 9.4%. Institutional activity was down slightly 0.6%.
Dodge Momentum Index Lower in September
October 8, 2018
Construction Activity Drops for Second Consecutive Month
The Dodge Momentum Index was 159.5 in September, dropping 2.6% from the revised August reading of 163.7.
The commercial component fell 4.3% and institutional activity was down 0.1%.
Despite the decline, …
Dodge Momentum Index Gains in June
July 11, 2018
DMI Approaching Ten-Year High
June marked the fifth straight monthly increase for the Dodge Momentum Index, a measure of nonresidential construction projects in planning.
The commercial component rose 1.1% while the institutional component made a smaller 0.3% gain. Overall, the …
Modest Rise for Dodge Momentum Index in February
March 7, 2018
DMI Makes Slight Gain in February
The Dodge Momentum Index saw a tepid rise in February to 146.9, 0.5% up from January.
The commercial component of the index declined for the second consecutive month, contracting 4.8%. The institutional component …
DMI Down in January, Outlook Still Positive
February 7, 2018
DMI Drops 5.1% in January
After a strong 4th quarter in 2017, The Dodge Momentum Index began 2018 with a dip, landing at 143.7, a 5.1% drop from December’s reading of 151.5. According to Dodge Analytics, five projects valued at …