Commercial projects thrust Dodge Momentum Index upward
Dodge Data & Analytics’ monthly index measuring nonresidential building projects in planning was up for the first time in 2020 in the month of July.
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Dodge Momentum Index feels impact from coronavirus
Two index components retreated in April, as commercial construction dropped 7.6 percent while institutional fell 3.2 percent.
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Nonresidential building plans ease back in March 2020
According to Dodge Data & Analytics, it is still very early in the coronavirus pandemic and March’s data would not fully capture any potential impact of the pandemic on construction planning.
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Dodge Momentum Index declines in January 2020
The index fell 2.7 percent in January to 152.5 from a revised December reading of 156.7, according to Dodge Data & Analytics.
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Dodge Momentum Index improves in December 2019
Both components of Dodge Data & Analytics’ index increased over the month as the institutional component rose 2.3 percent while the commercial component climbed 0.9 percent.
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Dodge: Economic slowdown to impact construction growth
Fortunately, one outlier in the equation is public works construction, which Dodge Data & Analytics expects to move 4 percent higher in 2020.
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Dodge Momentum Index inches higher in March 2019
A 2.8 percent increase in the commercial component of the Dodge Momentum Index drove the uptick.
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Dodge Momentum Index drops in February 2019
The Dodge Momentum Index receded 4.4 percent in February to 146.9, reports Dodge Data & Analytics.
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Dodge Momentum Index improves in January 2019
The Dodge Momentum Index recovered with a 4.7 percent increase in January to 157.7, according to Dodge Data & Analytics.
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