{"id":23690,"date":"2016-12-22T08:05:10","date_gmt":"2016-12-22T13:05:10","guid":{"rendered":"http:\/\/www.constructionspecifier.com\/?p=23690"},"modified":"2016-12-22T08:05:10","modified_gmt":"2016-12-22T13:05:10","slug":"nonresidential-project-planning-index-reveals-rise-in-commercial-projects","status":"publish","type":"post","link":"https:\/\/www.constructionspecifier.com\/nonresidential-project-planning-index-reveals-rise-in-commercial-projects\/","title":{"rendered":"Nonresidential project planning index reveals rise in commercial projects"},"content":{"rendered":"<figure id=\"attachment_23691\" aria-describedby=\"caption-attachment-23691\" style=\"width: 398px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-23691\" src=\"http:\/\/www.constructionspecifier.com\/wp-content\/uploads\/2016\/12\/bigstock-Construction-115466564-300x200.jpg\" alt=\"Planning and building of institutional projects has decreased this year, while commercial planning and building has increased, according to the monthly Dodge Momentum Index. Photo \u00a9 BigStockPhoto\" width=\"398\" height=\"265\" srcset=\"https:\/\/www.constructionspecifier.com\/wp-content\/uploads\/2016\/12\/bigstock-Construction-115466564-300x200.jpg 300w, https:\/\/www.constructionspecifier.com\/wp-content\/uploads\/2016\/12\/bigstock-Construction-115466564-768x512.jpg 768w, https:\/\/www.constructionspecifier.com\/wp-content\/uploads\/2016\/12\/bigstock-Construction-115466564-150x100.jpg 150w, https:\/\/www.constructionspecifier.com\/wp-content\/uploads\/2016\/12\/bigstock-Construction-115466564.jpg 900w\" sizes=\"auto, (max-width: 398px) 100vw, 398px\" \/><figcaption id=\"caption-attachment-23691\" class=\"wp-caption-text\"><span style=\"font-size: 10pt; font-family: arial, helvetica, sans-serif;\">Planning and building of institutional projects has decreased this year, while commercial planning and building has increased, according to the monthly Dodge Momentum Index.<\/span> <br \/> <em>Photo \u00a9 BigStockPhoto<\/em><\/figcaption><\/figure>\n<p>November was the tenth month this year to display an increase in the Dodge Momentum Index\u2014a monthly measure of initial reports for nonresidential building projects entering the planning stage. Last month\u2019s reading of 133.2 is up 0.3 percent from October\u2019s score of 132.7. In all, the index is 18 percent higher than it was in November of 2015.<\/p>\n<p>Part of this growth is likely due to the 4.1 percent increase seen specifically in commercial building. Despite beginning the year on a low note, commercial planning has experienced a corresponding increase, growing 35 percent from last year. Institutional building, on the other hand, has dropped by 5.2 percent, and institutional planning, which started 2016 well, has receded by two percent.<\/p>\n<p>A total of seven projects\u2014each with values of more than $100 million\u2014entered the planning stages in November, including:<\/p>\n<ul>\n<li>a $400-million office building in Chicago, Illinois;<\/li>\n<li>a $180-million renovation at a New York City hotel;<\/li>\n<li>a $155-million hospital in Rochester, New York; and<\/li>\n<li>a $100-million hospital and research lab in Bethesda, Maryland.<\/li>\n<\/ul>\n<p>These numbers indicate growth that seems likely to continue in 2017, but it is important to remember they are subject to the fluctuation of the country\u2019s economy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>November was the tenth month this year to display an increase in the Dodge Momentum Index\u2014a monthly measure of initial reports for nonresidential building projects entering the planning stage. In all, the index is 18 percent higher than it was in November of 2015.<\/p>\n","protected":false},"author":1836,"featured_media":23691,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1029],"tags":[2424,2621,3173,3172],"class_list":["post-23690","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-commercial-construction","tag-dodge-momentum-index","tag-institutional-construction","tag-project-planning","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Nonresidential project planning index reveals rise in commercial projects - The Construction Specifier<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.constructionspecifier.com\/nonresidential-project-planning-index-reveals-rise-in-commercial-projects\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nonresidential project planning index reveals rise in commercial projects - The Construction Specifier\" \/>\n<meta property=\"og:description\" content=\"November was the tenth month this year to display an increase in the Dodge Momentum Index\u2014a monthly measure of initial reports for nonresidential building projects entering the planning stage. In all, the index is 18 percent higher than it was in November of 2015.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.constructionspecifier.com\/nonresidential-project-planning-index-reveals-rise-in-commercial-projects\/\" \/>\n<meta property=\"og:site_name\" content=\"The Construction Specifier\" \/>\n<meta property=\"article:published_time\" content=\"2016-12-22T13:05:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.constructionspecifier.com\/wp-content\/uploads\/2016\/12\/bigstock-Construction-115466564.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"900\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Carly Midgley\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Carly Midgley\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.constructionspecifier.com\\\/nonresidential-project-planning-index-reveals-rise-in-commercial-projects\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.constructionspecifier.com\\\/nonresidential-project-planning-index-reveals-rise-in-commercial-projects\\\/\"},\"author\":{\"name\":\"Carly Midgley\",\"@id\":\"https:\\\/\\\/www.constructionspecifier.com\\\/#\\\/schema\\\/person\\\/b70033b703868965f86aed130f7abb00\"},\"headline\":\"Nonresidential project planning index reveals rise in commercial projects\",\"datePublished\":\"2016-12-22T13:05:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.constructionspecifier.com\\\/nonresidential-project-planning-index-reveals-rise-in-commercial-projects\\\/\"},\"wordCount\":234,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.constructionspecifier.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.constructionspecifier.com\\\/nonresidential-project-planning-index-reveals-rise-in-commercial-projects\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.constructionspecifier.com\\\/wp-content\\\/uploads\\\/2016\\\/12\\\/bigstock-Construction-115466564.jpg\",\"keywords\":[\"Commercial Construction\",\"Dodge Momentum Index\",\"Institutional construction\",\"Project planning\"],\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.constructionspecifier.com\\\/nonresidential-project-planning-index-reveals-rise-in-commercial-projects\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.constructionspecifier.com\\\/nonresidential-project-planning-index-reveals-rise-in-commercial-projects\\\/\",\"url\":\"https:\\\/\\\/www.constructionspecifier.com\\\/nonresidential-project-planning-index-reveals-rise-in-commercial-projects\\\/\",\"name\":\"Nonresidential project planning index reveals rise in commercial projects - The Construction Specifier\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.constructionspecifier.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.constructionspecifier.com\\\/nonresidential-project-planning-index-reveals-rise-in-commercial-projects\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.constructionspecifier.com\\\/nonresidential-project-planning-index-reveals-rise-in-commercial-projects\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.constructionspecifier.com\\\/wp-content\\\/uploads\\\/2016\\\/12\\\/bigstock-Construction-115466564.jpg\",\"datePublished\":\"2016-12-22T13:05:10+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.constructionspecifier.com\\\/nonresidential-project-planning-index-reveals-rise-in-commercial-projects\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.constructionspecifier.com\\\/nonresidential-project-planning-index-reveals-rise-in-commercial-projects\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.constructionspecifier.com\\\/nonresidential-project-planning-index-reveals-rise-in-commercial-projects\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.constructionspecifier.com\\\/wp-content\\\/uploads\\\/2016\\\/12\\\/bigstock-Construction-115466564.jpg\",\"contentUrl\":\"https:\\\/\\\/www.constructionspecifier.com\\\/wp-content\\\/uploads\\\/2016\\\/12\\\/bigstock-Construction-115466564.jpg\",\"width\":900,\"height\":600,\"caption\":\"Planning and building of institutional projects has decreased this year, while commercial planning and building has increased, according to the monthly Dodge Momentum Index. 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