Building Momentum Favors Commercial Construction

Oldcastle Business Intelligence’s analysis of the Dodge Momentum Index highlights commercial building construction as a key construction-industry driver

April 13, 2018

Oldcastle Business Intelligence

The Dodge Momentum Index is 10.0% higher than in March 2017.

The Dodge Momentum Index is 10.0% higher than in March 2017.

The Dodge Momentum Index (DMI) increased by 6.1% in March, reaching a high of 155.0, after a score of 146.0 in February.

Dodge Data & Analytics compiles the DMI as a monthly measure of the initial report for non-residential building projects in planning.

Oldcastle Business Intelligence reports that the DMI’s commercial building component increased by 9.6% to 163.6 in the month, while the institutional building component grew moderately to 144.3.

The Momentum Index is 10.0% higher than in March 2017, “Suggesting that non-residential building construction should continue to post moderate gains in 2018 driven mostly by commercial construction,” according to Oldcastle’s analysis of the data.

(go to Oldcastle’s Construction Data and Trends report . . . )

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