{"id":1502,"date":"2018-08-08T08:32:25","date_gmt":"2018-08-08T12:32:25","guid":{"rendered":"https:\/\/www.construction.com\/newsroom_details_pag\/dodge-momemtum-index-increases-july-aug-2018\/"},"modified":"2025-10-15T09:34:21","modified_gmt":"2025-10-15T13:34:21","slug":"dodge-momemtum-index-increases-july-aug-2018","status":"publish","type":"post","link":"https:\/\/www.construction.com\/dodge-momentum-index\/dodge-momemtum-index-increases-july-aug-2018\/","title":{"rendered":"Dodge Momentum Index Increases in July"},"content":{"rendered":"<p><em><strong>Dodge Momentum Index Increases in July<\/strong><\/em><\/p>\n<p>NEW JERSEY \u2013 August 7, 2020 \u2013 The Dodge Momentum Index moved 3.4% higher in July to 124.7 (2000=1000) from the revised June reading of 120.5. The Momentum Index, issued by <a href=\"https:\/\/www.construction.com\/\">Dodge Data &amp; Analytics<\/a>, 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. During the month, the commercial component increased 5.3% while the institutional component was unchanged.<\/p>\n<p>This month\u2019s increase in the Dodge Momentum Index was the first in all of 2020. Since December 2019, the Momentum Index has lost 18% with most of the decline coming in April when the COVID-19 pandemic led to numerous business shutdowns across the country. The pullback has largely come from institutional planning, rather than commercial plans. State and local government revenues have been squeezed as declines in economic activity have led to a drop in tax revenue just as costs related to the pandemic have skyrocketed. The institutional component is currently 28% below its December 2019 peak and 21% lower than its year ago level. Commercial planning is down 13% from its January 2020 peak, but is actually 1% higher than its year-ago level.<\/p>\n<p>In July, 13 projects each with a value of $100 million or more entered planning. The leading commercial projects were the first two phases of the Centene Healthcare headquarters in Charlotte NC, with each phase valued at $500 million. The leading institutional projects were the $320 million Dignity Health Hospital in Elk Grove CA and the $155 million first phase of the West Henderson Hospital in Henderson NV.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.construction.com\/wp-content\/uploads\/2023\/01\/dmi-july-2020.jpg\" alt=\"Dodge Momentum Index (DMI) chart for July 2020, reflecting 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 Increases in July NEW JERSEY \u2013 August 7, 2020 \u2013 The Dodge Momentum Index moved 3.4% higher in July to 124.7 (2000=1000) from the revised June reading of 120.5. The Momentum Index, issued by Dodge Data &amp; Analytics, 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-1502","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: Increases July-Aug 2018<\/title>\n<meta name=\"description\" content=\"The Dodge Momentum Index increases in July and August 2018. 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