{"id":2758,"date":"2021-03-05T08:58:01","date_gmt":"2021-03-05T13:58:01","guid":{"rendered":"https:\/\/www.construction.com\/newsroom_details_pag\/dodge-momentum-index-posts-strong-gain-in-february-marking-highest-level-in-nearly-three-years\/"},"modified":"2025-10-15T09:52:45","modified_gmt":"2025-10-15T13:52:45","slug":"dodge-momentum-index-posts-strong-gain-in-february-marking-highest-level-in-nearly-three-years","status":"publish","type":"post","link":"https:\/\/www.construction.com\/dodge-momentum-index\/dodge-momentum-index-posts-strong-gain-in-february-marking-highest-level-in-nearly-three-years\/","title":{"rendered":"Dodge Momentum Index Posts Strong Gain in February Marking Highest Level in Nearly Three Years"},"content":{"rendered":"<h4><strong>NEW JERSEY \u2013 March 5, 2021 \u2013<\/strong><\/h4>\n<p>The Dodge Momentum Index rose 7.1% in February to 149.0 (2000=100) from the revised January reading of 139.1. 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 jumped 26.3% during the month, while the commercial component was essentially flat.<\/p>\n<p>February\u2019s Momentum Index marked the highest levels in nearly three years as a result of a surge in large projects that entered planning. It remains to be seen if this level of activity, especially in the institutional sector, is sustainable given the tenuous economic recovery and rising material prices. Institutional planning projects in February were concentrated in large hospitals and labs, while commercial planning projects primarily included data centers, warehouses, and office projects. Compared to a year ago, the overall Momentum Index was up 9.2%; the commercial component was 15.2% higher, while the institutional component was down 3.3%<\/p>\n<p>Over the course of the month, 14 projects entered planning &#8211; each with a value of $100 million or more. The leading institutional projects were the $230 million University of Iowa Hospital in North Liberty IA and the $190 million Ultra Labs Life Sciences building in Philadelphia PA. The leading commercial projects were two data centers in Catlett VA each with a value of $135 million.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter\" style=\"height: 588px;\" src=\"https:\/\/www.construction.com\/wp-content\/uploads\/2022\/10\/dim-feb-2021.jpg\" alt=\"Dodge Momentum Index chart showing a strong gain\" \/><\/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 March 5, 2021 \u2013 The Dodge Momentum Index rose 7.1% in February to 149.0 (2000=100) from the revised January reading of 139.1. 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-2758","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 Posts Strong Gain in February Marking Highest Level in Nearly Three Years | Dodge Construction Network<\/title>\n<meta name=\"description\" content=\"The Dodge Momentum Index posts a strong gain in February, reaching its highest level in nearly three years. Get the full data.\" \/>\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-posts-strong-gain-in-february-marking-highest-level-in-nearly-three-years\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dodge Momentum Index Posts Strong Gain in February Marking Highest Level in Nearly Three Years | Dodge Construction Network\" \/>\n<meta property=\"og:description\" content=\"The Dodge Momentum Index posts a strong gain in February, reaching its highest level in nearly three years. Get the full data.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.construction.com\/dodge-momentum-index\/dodge-momentum-index-posts-strong-gain-in-february-marking-highest-level-in-nearly-three-years\/\" \/>\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=\"2021-03-05T13:58:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-10-15T13:52:45+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-posts-strong-gain-in-february-marking-highest-level-in-nearly-three-years\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.construction.com\/dodge-momentum-index\/dodge-momentum-index-posts-strong-gain-in-february-marking-highest-level-in-nearly-three-years\/\"},\"author\":{\"name\":\"Amy Roepke\",\"@id\":\"https:\/\/www.construction.com\/#\/schema\/person\/36bd01278d9ccdca5984486b4b361b97\"},\"headline\":\"Dodge Momentum Index Posts Strong Gain in February Marking Highest Level in Nearly Three Years\",\"datePublished\":\"2021-03-05T13:58:01+00:00\",\"dateModified\":\"2025-10-15T13:52:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.construction.com\/dodge-momentum-index\/dodge-momentum-index-posts-strong-gain-in-february-marking-highest-level-in-nearly-three-years\/\"},\"wordCount\":383,\"publisher\":{\"@id\":\"https:\/\/www.construction.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.construction.com\/dodge-momentum-index\/dodge-momentum-index-posts-strong-gain-in-february-marking-highest-level-in-nearly-three-years\/#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-posts-strong-gain-in-february-marking-highest-level-in-nearly-three-years\/\",\"url\":\"https:\/\/www.construction.com\/dodge-momentum-index\/dodge-momentum-index-posts-strong-gain-in-february-marking-highest-level-in-nearly-three-years\/\",\"name\":\"Dodge Momentum Index Posts Strong Gain in February Marking Highest Level in Nearly Three Years | Dodge Construction Network\",\"isPartOf\":{\"@id\":\"https:\/\/www.construction.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.construction.com\/dodge-momentum-index\/dodge-momentum-index-posts-strong-gain-in-february-marking-highest-level-in-nearly-three-years\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.construction.com\/dodge-momentum-index\/dodge-momentum-index-posts-strong-gain-in-february-marking-highest-level-in-nearly-three-years\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.construction.com\/wp-content\/uploads\/2022\/07\/Construction_PR_Default_Desktop_Hero.jpg\",\"datePublished\":\"2021-03-05T13:58:01+00:00\",\"dateModified\":\"2025-10-15T13:52:45+00:00\",\"description\":\"The Dodge Momentum Index posts a strong gain in February, reaching its highest level in nearly three years. 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