Dodge Momentum Index falls in January

By |  February 6, 2015

According to Dodge Data & Analytics, the Dodge Momentum Index fell 4.8 percent in January to 121.1, down from a revised 127.2 in December. Compared to January 2013, the index was up 5.8 percent.

The fall in the index was a result of decreased planning activity in both the commercial and institutional sectors, with the commercial sector falling 0.4 percent and the institutional sector falling 10.2 percent.

However, during the month of January, there were three commercial building projects exceeding $100 million and four institutional projects over $100 million that entered planning.

Despite the fall, Dodge Data reports that January’s activity is still in line with the moderate upward trend that has been present the past three years.

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About the Author:

Allison Kral is the former senior digital media manager for North Coast Media (NCM). She completed her undergraduate degree at Ohio University where she received a Bachelor of Science in magazine journalism from the E.W. Scripps School of Journalism. She works across a number of digital platforms, which include creating e-newsletters, writing articles and posting across social media sites. She also creates content for NCM's Portable Plants magazine, GPS World magazine and Geospatial Solutions. Her understanding of the ever-changing digital media world allows her to quickly grasp what a target audience desires and create content that is appealing and relevant for any client across any platform.

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