Dodge Momentum Index Rises in March

Dodge Data & Analytics
April 16, 2018

The Dodge Momentum Index rose in March, increasing 6.1 percent overall to 155.0. Much of the upwards trend is due to the commercial component of the index, which saw a 9.6 percent jump. These gains counter the 5.1 percent decrease observed in February.

The positive trajectory reflects increased planning activity in the fourth quarter, capping a fiscal year that saw little overall movement in the Dodge Momentum Index. Dodge Data analysts identify the recent Tax Cuts and Jobs Act, signed by President Trump in December 2017, as a potential reason for this fourth quarter jump in construction planning.