{"id":1612,"date":"2019-07-08T09:27:32","date_gmt":"2019-07-08T13:27:32","guid":{"rendered":"https:\/\/www.construction.com\/newsroom_details_pag\/dodge-momentum-index-increases-june-july-2019\/"},"modified":"2025-10-15T09:47:05","modified_gmt":"2025-10-15T13:47:05","slug":"dodge-momentum-index-increases-june-july-2019","status":"publish","type":"post","link":"https:\/\/www.construction.com\/dodge-momentum-index\/dodge-momentum-index-increases-june-july-2019\/","title":{"rendered":"Dodge Momentum Index Increases in June"},"content":{"rendered":"<p><em><strong>Dodge Momentum Index Increases in June<\/strong><\/em><\/p>\n<p>NEW YORK \u2013 July 8, 2019 \u2013 The Dodge Momentum Index moved 4.0% higher in June to 146.1 (2000=100) from the revised May reading of 140.5. 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. The June increase for the Momentum Index reflected a 6.1% jump by its institutional component and a 2.4% gain by its commercial component.<\/p>\n<p>Despite the improvement shown by the Momentum Index in June, planning for commercial and institutional building projects has clearly stepped back from the torrid pace set during the first half of 2018. Indeed, the average of the overall Momentum Index through the first six months of 2019 was 4.3% lower than the same period a year ago, with the commercial component down 5.2% and the institutional component down 3.0%. What June\u2019s improvement does affirm is that the broader pullback by the Momentum Index remains gradual, and that there are still ample projects at the planning stage to maintain stability for construction spending in the near term.<\/p>\n<p>In June, there were 17 projects each with a value of $100 million or more that entered planning. The leading institutional projects were a $375 million detention facility in Mount Clemmons MI and the $360 million Dignity Health Dominican Hospital in Santa Cruz CA. The leading commercial projects were the $250 million Seaport Square office building in Boston MA and a $200 million warehouse in Suffolk VA.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.construction.com\/wp-content\/uploads\/2023\/01\/dmi-may-19.jpg\" alt=\"Dodge Momentum Index (DMI) chart for May 2019, showing 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=\"http:\/\/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 June NEW YORK \u2013 July 8, 2019 \u2013 The Dodge Momentum Index moved 4.0% higher in June to 146.1 (2000=100) from the revised May reading of 140.5. 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-1612","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 in June | Dodge Construction Network<\/title>\n<meta name=\"description\" content=\"The Dodge Momentum Index increases across June and July 2019, signaling continued confidence in nonresidential project planning.\" \/>\n<meta name=\"robots\" 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