Nonresidental Construction Project Planning Momentum Hits Highest Level Since Start of COVID-19 Pandemic
Dodge Data & Analytics The Dodge Momentum Index – a monthly measure of the first (or initial) report for nonresidential building projects in planning issued by Dodge Data & Analytics – has been on a roller coaster ride since its steep tumble at the start of the COVID-19 pandemic in early 2020, albeit trending steadily back upward throughout the year. Now, after jumping 9.2% in 2020's final month, it is starting 2021 on a positive note, with a 3.1% increase, rising to 139.4 (2000=100) from the revised December reading of 135.2. Nonresidential building projects in planning serve as ...