The Dodge Momentum Index increases in March
The Dodge Momentum Index, issued by Dodge Data & Analytics, moved 1.7% higher in March to 151.4 from the revised February reading of 148.8. According to the March data, the Index hit its highest level since the summer of 2018 as a result of an increase in institutional projects that entered the planning stage, and which came on the heels of a similar gain for the sector in February. While healthcare and lab projects continue to dominate institutional planning, March saw a more broad-based selection of project types including education and recreation buildings.
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