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.
Read MoreTag: commercial building
Dodge Data & Analytics’ monthly index measuring nonresidential building projects in planning was up for the first time in 2020 in the month of July.
Read MoreTwo index components retreated in April, as commercial construction dropped 7.6 percent while institutional fell 3.2 percent.
Read MoreAccording 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.
Read MoreThe index fell 2.7 percent in January to 152.5 from a revised December reading of 156.7, according to Dodge Data & Analytics.
Read MoreBoth 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.
Read MoreFortunately, one outlier in the equation is public works construction, which Dodge Data & Analytics expects to move 4 percent higher in 2020.
Read MoreA 2.8 percent increase in the commercial component of the Dodge Momentum Index drove the uptick.
Read MoreThe Dodge Momentum Index receded 4.4 percent in February to 146.9, reports Dodge Data & Analytics.
Read MoreThe Dodge Momentum Index recovered with a 4.7 percent increase in January to 157.7, according to Dodge Data & Analytics.
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