“The Dodge Momentum Index (DMI), issued by Dodge Construction Network, grew 20.8% in July to 280.4 (2000=100) from the upwardly revised June reading of 232.1. Over the month, commercial planning grew 14.2% while institutional planning expanded 35.1%. Year-to-date, the DMI is up 27% from the average reading over the same period in 2024. “Planning data skyrocketed in the month of July on the back of several large projects entering the planning queue for data centers, research & development labs, hospitals and service stations,” stated Sarah Martin, associate director of forecasting at Dodge Construction Network.”

Dodge Momentum Index Rose 20.8% in July

“The Dodge Momentum Index (DMI), issued by Dodge Construction Network, grew 20.8% in July to 280.4 (2000=100) from the upwardly revised June reading of 232.1. Over the month, commercial planning grew 14.2% while institutional planning expanded 35.1%. ... “Planning data skyrocketed in the month of July on the back of several large projects entering the planning queue for data centers, research & development labs, hospitals and service stations,” stated Sarah Martin, associate director of forecasting at Dodge Construction Network. ... The largest commercial projects included the $500 million Fairview Connections Data Center in New Cumberland, Pennsylvania, the $500 million Jabil AI Data Center in Salisbury, North Carolina, and the $460 million Peabody Union Hotel in Nashville, Tennessee. The largest institutional projects to enter planning were the $459 million ASM Campus research and development lab and office in Scottsdale, Arizona, the $398 million research and development lab in San Diego, California, and the $380 million PPV Unaccompanied Housing/Navy Dormitory project in Norfolk, Virginia.”

Dodge Momentum Index Rose 20.8% in July - CTaSC.com