{"id":18139,"date":"2016-08-19T11:26:17","date_gmt":"2016-08-19T15:26:17","guid":{"rendered":"http:\/\/www.constructionspecifier.com\/?p=18139"},"modified":"2016-08-26T09:21:22","modified_gmt":"2016-08-26T13:21:22","slug":"dodge-momentum-index-inches-higher-in-july","status":"publish","type":"post","link":"https:\/\/www.constructionspecifier.com\/dodge-momentum-index-inches-higher-in-july\/","title":{"rendered":"Dodge Momentum Index inches higher in July"},"content":{"rendered":"<figure id=\"attachment_18141\" aria-describedby=\"caption-attachment-18141\" style=\"width: 220px\" class=\"wp-caption alignright\"><a href=\"http:\/\/www.constructionspecifier.com\/wp-content\/uploads\/2016\/08\/DMI-July-2016.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-18141\" src=\"http:\/\/www.constructionspecifier.com\/wp-content\/uploads\/2016\/08\/DMI-July-2016.jpg\" alt=\"DMI-July-2016\" width=\"220\" height=\"252\" srcset=\"https:\/\/www.constructionspecifier.com\/wp-content\/uploads\/2016\/08\/DMI-July-2016.jpg 457w, https:\/\/www.constructionspecifier.com\/wp-content\/uploads\/2016\/08\/DMI-July-2016-261x300.jpg 261w\" sizes=\"auto, (max-width: 220px) 100vw, 220px\" \/><\/a><figcaption id=\"caption-attachment-18141\" class=\"wp-caption-text\"><span style=\"font-size: 10pt; font-family: arial,helvetica,sans-serif;\">The Momentum Index is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year. <\/span><br \/> <em>Photo courtesy Dodge Data &amp; Analytics<\/em><\/figcaption><\/figure>\n<p>The Dodge Momentum Index\u2014a monthly measure of the first or initial report for nonresidential building projects in planning\u2014moved slightly higher last month, increasing 0.5 percent to 134.7 from its revised June reading of 134.1.<\/p>\n<p>July\u2019s modest rise follows a substantial increase in the previous month, which saw the index climb 10.9 percent from the previous month. It has now moved higher in four consecutive months\u2014the first such string of increases since late 2014.<\/p>\n<p>July\u2019s improved pace was due to slight gains for each of the two major sectors, with institutional planning up 0.7 percent and commercial planning up 0.4 percent. Last month, 11 projects entered the planning process with a value exceeding $100 million. For the commercial building sector, the leading projects were a $200-million mixed-use destination in Sugar Land, Texas, and a $161-million office in Fremont, California. The leading institutional projects were a $1770million hospital tower in Chapel Hill, North Carolina, and a $138-million hospital in Atlanta, Georgia.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Dodge Momentum Index\u2014a monthly measure of the first or initial report for nonresidential building projects in planning\u2014moved slightly higher last month, increasing 0.5 percent to 134.7 from its revised June reading of 134.1.<\/p>\n","protected":false},"author":13,"featured_media":18141,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1029],"tags":[2621,2926],"class_list":["post-18139","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-dodge-momentum-index","tag-nonresidential-buildings","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Dodge Momentum Index inches higher in July - 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