{"id":2738,"date":"2020-12-07T09:15:30","date_gmt":"2020-12-07T14:15:30","guid":{"rendered":"https:\/\/www.construction.com\/newsroom_details_pag\/dodge-momentum-index-steps-lower-november-2020\/"},"modified":"2025-10-15T09:54:59","modified_gmt":"2025-10-15T13:54:59","slug":"dodge-momentum-index-steps-lower-november-2020","status":"publish","type":"post","link":"https:\/\/www.construction.com\/dodge-momentum-index\/dodge-momentum-index-steps-lower-november-2020\/","title":{"rendered":"Dodge Momentum Index Steps Lower in November"},"content":{"rendered":"<p><iframe loading=\"lazy\" src=\"https:\/\/player.vimeo.com\/video\/486840399?h=98619a2976&amp;dnt=1&amp;app_id=122963\" width=\"640\" height=\"360\" frameborder=\"0\" allow=\"autoplay; fullscreen; picture-in-picture; clipboard-write; encrypted-media; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\"><\/iframe><\/p>\n<h4><em><strong>NEW JERSEY \u2013 December 7, 2020 \u2013<\/strong><\/em><\/h4>\n<p>The Dodge Momentum Index fell 2.6% in November to 123.3 (2000=100) from the revised October reading of 126.5. 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 institutional component of the Momentum Index fell 4.4%, while the commercial component lost 1.6%.<\/p>\n<p>Since the expiration of support programs in the CARES Act, the economy has struggled to maintain traction and in its wake planning for nonresidential building projects has slowed. As the next wave of COVID-19 infections quickly approaches, economic growth and job gains will ease further. Additionally, uncertainty over the potential for further federal stimulus has significantly complicated the recovery and will continue to negatively impact nonresidential building throughout the planning and construction processes.<\/p>\n<p>In November, nine projects each with a value of $100 million or more entered planning. The leading institutional projects were the $320 million modernization of Jefferson High School in Portland OR and a $235 million lab project at Schuylkill Yards in Philadelphia PA. The leading commercial projects were a $300 million commercial development on 5th Ave in New York NY and a $300 million warehouse project in Pittsburgh PA.<\/p>\n<p><img decoding=\"async\" style=\"height: 588px;\" src=\"https:\/\/www.construction.com\/wp-content\/uploads\/2022\/10\/dmi-nov-2020.png\" alt=\"Dodge Momentum Index (DMI) chart for November 2020, depicting trends in construction project 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:\/\/www.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>NEW JERSEY \u2013 December 7, 2020 \u2013 The Dodge Momentum Index fell 2.6% in November to 123.3 (2000=100) from the revised October reading of 126.5. The Momentum Index, issued by Dodge Data &amp; Analytics, is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to&#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-2738","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 Steps Lower in November | Dodge Construction Network<\/title>\n<meta name=\"description\" content=\"The Dodge Momentum Index steps lower in November 2020. Get the latest nonresidential planning data and expert market analysis.\" \/>\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-steps-lower-november-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dodge Momentum Index Steps Lower in November | Dodge Construction Network\" \/>\n<meta property=\"og:description\" content=\"The Dodge Momentum Index steps lower in November 2020. 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