The Dodge Momentum Index (DMI), a leading indicator of nonresidential building activity issued by Dodge Construction Network, jumped 20.8% in July 2025, reaching a record high of 280.4. Growth was fueled by a surge in planning for data centers, R&D labs, hospitals, and service stations, alongside steady momentum in hotels, warehouses, and recreational projects.
Institutional planning led the increase with a 35% rise, while commercial planning grew 14%. Compared to July 2024, overall activity was up 41%, with institutional projects climbing 85%. Major projects entering planning included the $500 million Fairview Connections Data Center in Pennsylvania and a $459 million R&D campus in Arizona.
Dodge notes that while project planning has accelerated after months of delays tied to tariff uncertainty, economic volatility may continue to impact future activity.
📖 Read the full article on Dodge Construction Network: Dodge Momentum Index Surges 21% in July
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