By ~ Calculated risk 2/09/2025 08:19:00 AM
In Dodge Data Analytics: DODGE Momentum Index increases 6% in January
Dodge Momentum Index (DMI) issued by the DODGE Construction Network increased 5.6% in January. From the revised December reading value of 213.6, up to 225.7 (2000 = 100). In the month, commercial plans increased 4.2%, while institutional plans improved 8.7%.
Sarah Martin, the prediction director of the Dodge Construction Network, said, “The non -resident planning activity showed a variety of growth in January, experiencing a variety of positive momentum in January. “Uncertainty over fiscal policy, continuous labor shortages and construction costs will be the headwinds of the construction sector.. However, a significant number of projects in more financial mitigation and plans should support the construction expenditure of the year. ”
In terms of commercial side, data centers, traditional office buildings and warehouse plans led this month’s profit. In particular, the hospital supported the institutional part of the education and medical plans. In January, DMI increased 26% from the previous year. The commercial sector increased 37% from January 2024, while the institutional division increased 9% over the same period. The influence of data centers on DMI this year still remains. Removing all data center projects between 2023 and 2025 will increase commercial plans by 13% year -on -year and 11% overall DMI.
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DMI is a monthly measurement of the value of a non -resident building project, leading to building spending on non -resident buildings for up to one year.
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This graph shows DODGE MOMENTUM Index since 2002. The index increased at 225.7 in January and 213.6 last month.
According to DODGE, the index said, “The construction expenditure for non -resident buildings has passed for a year, and the index suggests a slowdown in early 2025, but it proposes a pickup in mid -2012.
Commercial construction is generally a delayed economic indicator.