{"id":1418,"date":"2018-02-07T10:25:04","date_gmt":"2018-02-07T15:25:04","guid":{"rendered":"https:\/\/www.construction.com\/newsroom_details_pag\/dodge-momentum-index-falls-as-year-begins\/"},"modified":"2025-10-15T09:40:17","modified_gmt":"2025-10-15T13:40:17","slug":"dodge-momentum-index-falls-as-year-begins","status":"publish","type":"post","link":"https:\/\/www.construction.com\/dodge-momentum-index\/dodge-momentum-index-falls-as-year-begins\/","title":{"rendered":"The Dodge Momentum Index Falls as 2018 Begins"},"content":{"rendered":"<p><em><strong>The Dodge Momentum Index Falls as 2018 Begins<\/strong><\/em><\/p>\n<p>NEW YORK \u2013 February 7, 2018 \u2013 The Dodge Momentum Index dropped 5.1% in January to 143.7 (2000=100) from the revised December reading of 151.5. The Momentum Index is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year. The commercial component of the Momentum Index was 7.8% lower in the month, while the institutional component was down 0.9%. The fourth quarter of 2017 was particularly strong for the Momentum Index, and January\u2019s retreat returns it to a more sustainable level. On a year-over-year basis, the Momentum Index is 7.7% higher, with both the commercial and institutional components showing growth over January 2017. This suggests that nonresidential building construction should continue to post moderate gains in 2018.<\/p>\n<p>In January, five projects each with a value of $100 million or more entered planning. For the commercial sector, the leading projects were a $200 million office building in Boston MA and a $152 million warehouse in Banning CA. The leading institutional projects were a $440 million water park in Branson MO and a $123 million assisted living facility in Milwaukee WI.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.construction.com\/wp-content\/uploads\/2023\/01\/DMI-january-2018.jpg\" alt=\"Dodge Momentum Index (DMI) chart for January 2018, detailing commercial and institutional planning.\" \/><\/p>\n<p style=\"text-align: center;\">###<\/p>\n<p><strong>About Dodge Construction Network<\/strong> Dodge Construction Network leverages an unmatched offering of data, analytics, and industry-spanning relationships to generate the most powerful source of information, knowledge, insights, and connections in the commercial construction industry. The company powers four longstanding and trusted industry solutions\u2014Dodge Data &amp; Analytics, The Blue Book Network, Sweets, and IMS\u2014to connect the dots across the entire commercial construction ecosystem. Together, these solutions provide clear and actionable opportunities for both small teams and enterprise firms. Purpose-built to streamline the complicated, Dodge Construction Network ensures that construction professionals have the information they need to build successful businesses and thriving communities. With over a century of industry experience, Dodge Construction Network is the catalyst for modern commercial construction. To learn more, visit <a href=\"https:\/\/construction.com\/\">construction.com<\/a><\/p>\n<p><strong>Media Contact :<\/strong><br \/>\nCailey Henderson | 104 West Partners | <a href=\"mailto:cailey.henderson@104west.com\">cailey.henderson@104west.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Dodge Momentum Index Falls as 2018 Begins NEW YORK \u2013 February 7, 2018 \u2013 The Dodge Momentum Index dropped 5.1% in January to 143.7 (2000=100) from the revised December reading of 151.5. The Momentum Index is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been&#8230;<\/p>\n","protected":false},"author":41,"featured_media":23698,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_uag_custom_page_level_css":"","footnotes":""},"categories":[74],"tags":[],"class_list":["post-1418","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dodge-momentum-index"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The Dodge Momentum Index Falls as 2018 Begins | Dodge Construction Network<\/title>\n<meta name=\"description\" content=\"The Dodge Momentum Index falls as the year begins. Get the latest data and analysis on nonresidential planning activity and market outlook.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.construction.com\/dodge-momentum-index\/dodge-momentum-index-falls-as-year-begins\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Dodge Momentum Index Falls as 2018 Begins | Dodge Construction Network\" \/>\n<meta property=\"og:description\" content=\"The Dodge Momentum Index falls as the year begins. 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