{"id":1480,"date":"2018-06-07T10:11:24","date_gmt":"2018-06-07T14:11:24","guid":{"rendered":"https:\/\/www.construction.com\/newsroom_details_pag\/dodge-momentum-index-inches-up-may-june-2018\/"},"modified":"2025-10-15T09:44:43","modified_gmt":"2025-10-15T13:44:43","slug":"dodge-momentum-index-inches-up-may-june-2018","status":"publish","type":"post","link":"https:\/\/www.construction.com\/dodge-momentum-index\/dodge-momentum-index-inches-up-may-june-2018\/","title":{"rendered":"Dodge Momentum Index Inches Up in May"},"content":{"rendered":"<p><em><strong>Dodge Momentum Index Inches Up in May<\/strong><\/em><\/p>\n<p>NEW YORK \u2013 June 7, 2018 \u2013 The Dodge Momentum Index eked out a small gain in May, moving 1.8% higher to 167.8 (2000=100) from the revised April reading of 164.9. 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. May\u2019s gain was the result of a 4.7% increase by the commercial component of the Momentum Index, while the institutional component fell 2.4%. The Momentum Index has posted solid gains through the first five months of 2018, rising 19% from the same period of 2017 and reaching a level not seen since mid-2008. However, the upturn to this point shows that the current expansion has been more drawn out than what occurred during the previous cyclical expansion. It has been nearly seven years since the Momentum Index hit bottom in July 2011, but it has yet to eclipse its previous peak set in December 2007. At the same time, the recent gains for the Momentum Index suggest that construction spending for nonresidential buildings should remain healthy through the rest of 2018.<\/p>\n<p>In May, 16 projects each with a value of $100 million or more entered planning. The two leading commercial projects were a $310 million mixed-use complex in Newark NJ and the $300 million second phase of Nvidia\u2019s headquarters in Santa Clara CA. The leading institutional projects were the $300 million Milwaukee County safety building in Milwaukee WI and the $300 million Texas Health Harris Methodist Hospital expansion in Fort Worth TX.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter\" style=\"height: 588px;\" src=\"https:\/\/www.construction.com\/wp-content\/uploads\/2023\/01\/Screen-Shot-2018-06-07-at-10.09.30-AM.png\" alt=\"Screenshot of a data chart or table from June 2018, related to construction market trends.\" \/><\/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 Inches Up in May NEW YORK \u2013 June 7, 2018 \u2013 The Dodge Momentum Index eked out a small gain in May, moving 1.8% higher to 167.8 (2000=100) from the revised April reading of 164.9. The Momentum Index is a monthly measure of the first (or initial) report for nonresidential building projects&#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-1480","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 Inches Up in May | Dodge Construction Network<\/title>\n<meta name=\"description\" content=\"The Dodge Momentum Index inched up in May-June 2018. Analyze the slight growth and its implications for future building 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-inches-up-may-june-2018\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dodge Momentum Index Inches Up in May | Dodge Construction Network\" \/>\n<meta property=\"og:description\" content=\"The Dodge Momentum Index inched up in May-June 2018. Analyze the slight growth and its implications for future building starts.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.construction.com\/dodge-momentum-index\/dodge-momentum-index-inches-up-may-june-2018\/\" \/>\n<meta property=\"og:site_name\" content=\"Dodge Construction Network\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/DodgeData\" \/>\n<meta property=\"article:published_time\" content=\"2018-06-07T14:11:24+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-10-15T13:44:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.construction.com\/wp-content\/uploads\/2022\/07\/Construction_PR_Default_Desktop_Hero.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"445\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Amy Roepke\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@DodgeData\" \/>\n<meta name=\"twitter:site\" content=\"@DodgeData\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Amy Roepke\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.construction.com\/dodge-momentum-index\/dodge-momentum-index-inches-up-may-june-2018\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.construction.com\/dodge-momentum-index\/dodge-momentum-index-inches-up-may-june-2018\/\"},\"author\":{\"name\":\"Amy Roepke\",\"@id\":\"https:\/\/www.construction.com\/#\/schema\/person\/36bd01278d9ccdca5984486b4b361b97\"},\"headline\":\"Dodge Momentum Index Inches Up in May\",\"datePublished\":\"2018-06-07T14:11:24+00:00\",\"dateModified\":\"2025-10-15T13:44:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.construction.com\/dodge-momentum-index\/dodge-momentum-index-inches-up-may-june-2018\/\"},\"wordCount\":397,\"publisher\":{\"@id\":\"https:\/\/www.construction.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.construction.com\/dodge-momentum-index\/dodge-momentum-index-inches-up-may-june-2018\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.construction.com\/wp-content\/uploads\/2022\/07\/Construction_PR_Default_Desktop_Hero.jpg\",\"articleSection\":[\"Dodge Momentum Index\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.construction.com\/dodge-momentum-index\/dodge-momentum-index-inches-up-may-june-2018\/\",\"url\":\"https:\/\/www.construction.com\/dodge-momentum-index\/dodge-momentum-index-inches-up-may-june-2018\/\",\"name\":\"Dodge Momentum Index Inches Up in May | Dodge Construction Network\",\"isPartOf\":{\"@id\":\"https:\/\/www.construction.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.construction.com\/dodge-momentum-index\/dodge-momentum-index-inches-up-may-june-2018\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.construction.com\/dodge-momentum-index\/dodge-momentum-index-inches-up-may-june-2018\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.construction.com\/wp-content\/uploads\/2022\/07\/Construction_PR_Default_Desktop_Hero.jpg\",\"datePublished\":\"2018-06-07T14:11:24+00:00\",\"dateModified\":\"2025-10-15T13:44:43+00:00\",\"description\":\"The Dodge Momentum Index inched up in May-June 2018. 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The Momentum Index is a monthly measure of the first (or initial) report for nonresidential building projects...","_links":{"self":[{"href":"https:\/\/www.construction.com\/wp-json\/wp\/v2\/posts\/1480","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.construction.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.construction.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.construction.com\/wp-json\/wp\/v2\/users\/41"}],"replies":[{"embeddable":true,"href":"https:\/\/www.construction.com\/wp-json\/wp\/v2\/comments?post=1480"}],"version-history":[{"count":0,"href":"https:\/\/www.construction.com\/wp-json\/wp\/v2\/posts\/1480\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.construction.com\/wp-json\/wp\/v2\/media\/23698"}],"wp:attachment":[{"href":"https:\/\/www.construction.com\/wp-json\/wp\/v2\/media?parent=1480"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.construction.com\/wp-json\/wp\/v2\/categories?post=1480"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.construction.com\/wp-json\/wp\/v2\/tags?post=1480"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}