Dodge Momentum Index shows decline in planning
After 10 consecutive months of gains, the Dodge Momentum Index, issued by the Dodge Construction Network, declined in January.
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After 10 consecutive months of gains, the Dodge Momentum Index, issued by the Dodge Construction Network, declined in January.
The Dodge Momentum Index fell 8.4 percent in January after a strong 2022. This decline is far-reaching, including office, warehouse, retail and hotel activity. Even as economic growth slows in 2023, the index is still expected to work its way back to historical norms.
A new report by Dodge Construction Network has revealed that the Dodge Momentum Index (DMI) fell 8.4% in January to 201.5 from the revised December reading of 220.0. Last month, the commercial component of the DMI fell 10.0%, and the institutional component decreased by 4.7%. The weakness in...
The Dodge Momentum Index (DMI) fell 8.4% in January to 201.5 (2000=100) from the revised December reading of 220.0.