DMI Rises After Months of Decline
March 9, 2022
DMI Rises After Months of Decline
Following three consecutive months of declination the Dodge Momentum Index gained 4% in February moving to 158.2. This was up from the revised January score of 151.9.
The commercial component of the index rose 1.3% and the institutional component was up by 9.2%.
Feb-22 | Jan-22 | % Change | |
Dodge Momentum Index | 158.2 | 151.9 | 4.2% |
Commercial Building | 177.0 | 174.8 | 1.3% |
Institutional Building | 135.0 | 123.6 | 9.2% |
Describing market conditions Dodge Data & Analytics stated, “Much of February’s gain was due to a sizeable jump in the institutional component, as more education and healthcare projects entered planning. Commerical planning remained solid thanks to office and warehouse projects. When compared to February 2021, the overall Momentum Index was 11% higher in February 2022. The institutional component was up 37%, while the commercial component was down 1% on a year-over-year basis.”
For more information about the Dodge Momentum Index, visit the Dodge Data & Analytics website.
DMI Hits Four-Month Low in January
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DMI Hits Four-Month Low in January
The Dodge Momentum Index fell 7% in January moving to 152.9. This was down from the revised December score of 163.7. The commercial component of the index lost 9% and the institutional component dropped …
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The Dodge Momentum Index dropped 3% in December moving to 166.4. This was down from the revised November score of 170.7. The commercial component of the index decreased 4% and the institutional component …
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Dodge Momentum Index Gains 9.1% In May
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Commercial Planning Bounces Back In May 🙂
The Dodge Momentum Index gained by 9.1% in May, moving to 178.0. This was up from the revised April reading of 163.2. The commercial component of the index jumped by 15.5%. The institutional …