{"id":28507,"date":"2025-01-08T11:42:31","date_gmt":"2025-01-08T19:42:31","guid":{"rendered":"https:\/\/essential.construction\/news\/dodge-momentum-index-grows-10-in-december\/"},"modified":"2025-01-08T11:42:33","modified_gmt":"2025-01-08T19:42:33","slug":"dodge-momentum-index-grows-10-in-december","status":"publish","type":"post","link":"https:\/\/essential.construction\/news\/dodge-momentum-index-grows-10-in-december\/","title":{"rendered":"Dodge Momentum Index Grows 10% in December"},"content":{"rendered":"<p> <a href=\"https:\/\/essential.construction\/files\/membership-default-internal\/\" class=\"memberhide\"><img decoding=\"async\" src=\"https:\/\/essential.construction\/news\/wp-content\/uploads\/sites\/15\/2023\/01\/20220718_175041000_iOS.jpg\" alt=\"-\"><\/a><br\/><br \/>\n<\/p>\n<div itemprop=\"text\">\n<div align=\"center\">\n<p><iframe loading=\"lazy\" title=\"Dodge Momentum Index - December 2024\" width=\"1200\" height=\"675\" src=\"https:\/\/www.youtube.com\/embed\/Gb9-SxyCdl8?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p style=\"text-align: left;\"><em><span data-contrast=\"none\" xml:lang=\"EN-US\" lang=\"EN-US\" class=\"TextRun SCXW260461758 BCX0\"><span class=\"NormalTextRun SCXW260461758 BCX0\">Commercial planning bounced back strongly over the month.<\/span><\/span><\/em><\/p>\n<p style=\"text-align: left;\"><b><span data-contrast=\"auto\">BOSTON, M.A. \u2013 January 8, 2024 <\/span><\/b><b><span data-contrast=\"auto\">\u2014<\/span><\/b> <span data-contrast=\"auto\">The Dodge Momentum Index (DMI), issued by <\/span><a rel=\"nofollow noopener\" href=\"http:\/\/construction.com\/\" target=\"_blank\"><span data-contrast=\"none\">Dodge<\/span><\/a> <a rel=\"nofollow noopener\" href=\"https:\/\/www.construction.com\/\" target=\"_blank\"><span data-contrast=\"none\">Construction Network<\/span><\/a><span data-contrast=\"auto\">, grew 10.2% in December to 212.0 (2000=100) from the revised November reading of 192.3. Over the month, commercial planning increased 14.2% while institutional planning improved 2.5%.\u00a0<\/span><\/p>\n<p style=\"text-align: left;\"><span data-contrast=\"auto\">\u201cCommercial activity rebounded strongly in December, thanks to a re-acceleration in data center and warehouse planning activity,\u201d stated Sarah Martin, associate director of forecasting at Dodge Construction Network. \u201cOverall, the strong performance of the Momentum Index this past year is expected to support nonresidential construction spending throughout 2025.\u201d<\/span><\/p>\n<p style=\"text-align: left;\"><span data-contrast=\"auto\">On the commercial side, data center and warehouse planning drove much of the growth this month, while stronger healthcare and education activity supported the institutional portion. In December, the DMI was up 19% when compared to year-ago levels. The commercial segment was up 30% from December 2023, while the institutional segment was flat over the same period. The influence of data centers on the DMI this year has been substantial. If we remove all data center projects in 2023 and 2024, commercial planning would be up 8% from year-ago levels, and the entire DMI would be up 5%.<\/span><\/p>\n<p style=\"text-align: left;\"><span data-contrast=\"auto\">A total of 32 projects valued at $100 million or more entered planning throughout December. The largest commercial projects included six phases of the $1.6 billion Powerhouse 95 data center in Fredericksburg, Virginia, and four phases of the $1 billion Brambleton Data Center at Tech Park in Ashburn, Virginia. The largest institutional projects to enter planning were the $226 million OhioHealth Outpatient Cancer Center in Columbus, Ohio, and the $220 million county jail in Peoria, Illinois.\u00a0<\/span><\/p>\n<p style=\"text-align: left;\"><span data-contrast=\"auto\">The DMI is a monthly measure of the value of nonresidential building projects going into planning, shown to lead construction spending for nonresidential buildings by a full year.<\/span><\/p>\n<p>\u00a0<\/p>\n<\/div>\n<\/div>\n<div>\n<div class=\"wpb_wrapper\">\n<p>###<\/p>\n<p><strong>About Dodge Construction Network<\/strong><br \/><span data-teams=\"true\"><span class=\"ui-provider a b c d e f g h i j k l m n o p q r s t u v w x y z ab ac ae af ag ah ai aj ak\" dir=\"ltr\">Dodge Construction Network harnesses data, analytics, and industry connections to be the leading source of insights and opportunities in the commercial construction industry. With five trusted solutions-<strong>Dodge Construction Central, The Blue Book, Sweets, IMS,<\/strong> <strong>and <\/strong><strong>Principia<\/strong>-Dodge connects construction professionals across all stages of the building process. Designed for both small teams and large enterprises, these tools simplify complexity, empowering you to build thriving businesses and communities. With over a century of experience, Dodge Construction Network is the catalyst for modern construction. To learn more, visit .<\/span><\/span><\/p>\n<p><strong>Media Contact<\/strong>:<br \/>| <a rel=\"nofollow noopener\" href=\"https:\/\/www.construction.com\/company-news\/dodge-momentum-index-grows-10-in-december\/mailto:**@**********on.com\" data-original-string=\"bTZw1SUC+SqxXamGeGLOQA==1db7oNTf0v1GmbU9CwXT4IqJgxUphbFoqQtY6ss\/9x9g1s=\" title=\"This contact has been encoded by Anti-Spam by CleanTalk. Click to decode. 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To finish the decoding make sure that JavaScript is enabled in your browser.'><span class=\"apbct-blur\">**<\/span>@<span class=\"apbct-blur\">**********<\/span>on.com<\/span><\/a><\/p>\n<\/div>\n<\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-5143531171910809\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- News - Bottom -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-5143531171910809\"\r\n     data-ad-slot=\"8320848692\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><a href=\"https:\/\/www.construction.com\/company-news\/dodge-momentum-index-grows-10-in-december\/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=dodge-momentum-index-grows-10-in-december\" rel=\"nofollow noopener\" target=\"_blank\">This article was originally posted at Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Commercial planning bounced back strongly over the month. BOSTON, M.A. \u2013 January 8, 2024 \u2014 The Dodge Momentum Index (DMI), &#8230; <a title=\"Dodge Momentum Index Grows 10% in December\" class=\"read-more\" href=\"https:\/\/essential.construction\/news\/dodge-momentum-index-grows-10-in-december\/\" aria-label=\"Read more about Dodge Momentum Index Grows 10% in December\">Read more<\/a><\/p>\n","protected":false},"author":7253,"featured_media":28509,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1066,1141,1127],"tags":[1125,345,1126,1128],"class_list":["post-28507","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-posts","category-business","category-dodge-data-and-analytics","tag-analytics","tag-business","tag-industry-news","tag-reports","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/28507","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/users\/7253"}],"replies":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/comments?post=28507"}],"version-history":[{"count":0,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/28507\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/media\/28509"}],"wp:attachment":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/media?parent=28507"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/categories?post=28507"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/tags?post=28507"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}