Dodge Momentum Index Decreases 1% in November
Nonresidential planning activity remains historically elevated despite decline, according to DCN.
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Nonresidential planning activity remains historically elevated despite decline, according to DCN.
The DMI for October finds that warehouse planning projects are accelerating, supporting commercial momentum.
Improvements in warehouse planning helped support commercial growth, but despite strong progress in September, education and healthcare activity slowed down this month.
The Dodge Momentum Index (DMI), issued by Dodge Construction Network, declined 0.9% in July to 193.4 (2000=100) from the revised June reading of 195.1.
According to the July DMI, planning fell in July, but underlying trends point to a market split.