{"id":1455,"date":"2018-04-05T16:32:54","date_gmt":"2018-04-05T20:32:54","guid":{"rendered":"https:\/\/www.construction.com\/newsroom_details_pag\/dodge-momentum-index-climbs-in-march\/"},"modified":"2025-10-15T09:38:10","modified_gmt":"2025-10-15T13:38:10","slug":"dodge-momentum-index-climbs-in-march","status":"publish","type":"post","link":"https:\/\/www.construction.com\/dodge-momentum-index\/dodge-momentum-index-climbs-in-march\/","title":{"rendered":"Dodge Momentum Index Climbs in March"},"content":{"rendered":"<p><em><strong>Dodge Momentum Index Climbs in March<\/strong><\/em><\/p>\n<p>NEW YORK \u2013 April 6, 2018 \u2013 The Dodge Momentum Index moved 6.1% higher in March, rising to 155.0 (2000=100) from the revised February reading of 146.0. 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. March\u2019s gain was the result of a 9.6% increase in the commercial component \u2013 more than erasing the 5.1% decline it had seen the previous month. The gain in the institutional sector meanwhile was milder, moving 1.6% higher, following an 8.1% gain in February. During the first nine months of 2017, the overall Momentum Index made little progress. However, planning activity shot up in the fourth quarter, with that impetus continuing into the first three months of 2018. In the latest quarter the Momentum Index gained 5.1%. This may be a sign that planners are reacting in a positive fashion to the Tax Cuts and Jobs Act that President Trump signed at the end of December.<\/p>\n<p>In March, six projects each with a value of $100 million or more entered planning. For the commercial sector the leading projects were a $179 million government office in Ashburn VA and a $155 million warehouse in Riverside CA. The leading institutional projects were a $210 million outpatient medical center in Torrance CA and a $105 million new federal courthouse in Columbia SC.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.construction.com\/wp-content\/uploads\/2023\/01\/DMI-March-2018.jpg\" alt=\"Dodge Momentum Index (DMI) chart for March 2018, showing commercial and institutional planning activity.\" \/><\/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>Dodge Momentum Index Climbs in March NEW YORK \u2013 April 6, 2018 \u2013 The Dodge Momentum Index moved 6.1% higher in March, rising to 155.0 (2000=100) from the revised February reading of 146.0. 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-1455","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>Dodge Momentum Index Climbs in March | Dodge Construction Network<\/title>\n<meta name=\"description\" content=\"The Dodge Momentum Index surged in March, pointing to increased spending on nonresidential and residential construction. Get the latest forecast for new starts.\" \/>\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-climbs-in-march\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dodge Momentum Index Climbs in March | Dodge Construction Network\" \/>\n<meta property=\"og:description\" content=\"The Dodge Momentum Index surged in March, pointing to increased spending on nonresidential and residential construction. 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