The Dodge Momentum Index, issued by Dodge Construction Network, increased 5.9% in May to 275.7 (2000=100) from the downwardly revised April reading of 260.4. Over the month, commercial planning expanded 6.9% and institutional planning momentum grew 3.1%. “Nonresidential planning continued to stabilize throughout May,” said Sarah Martin, director of economic Research at Dodge Construction Network. “Growth in the DMI continued to be led by data center activity, but key sectors – such as healthcare, retail stores and offices – gained momentum as well. Nonetheless, the broader outlook remains cautious, as persistent labor constraints, elevated material costs and ongoing supply chain … Read more

The Dodge Momentum Index, issued by Dodge Construction Network, receded 6.9% in March to 205.6 (2000=100) from the revised February reading of 220.9. Over the month, commercial planning declined 7.8% while institutional planning fell 5%. “Increased uncertainty around material prices and fiscal policies may have begun to factor into planning decisions throughout March,” stated Sarah Martin, associate director of forecasting at Dodge Construction Network. “While planning data has weakened across most nonresidential sectors this month, activity remains considerably higher than year-ago levels and still suggests steady construction activity in mid-2026.” On the commercial side, weaker planning activity for warehouses, data … Read more