Dodge Momentum Index Shows Strong Growth In June with Strong Commercial Planning

Dodge says 40 projects valued at $100 million entered the planning phase in June.
July 24, 2025
2 min read
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The Dodge Momentum Index (DMI), issued by Dodge Construction Network, grew +6.8% in June to 225.1 points (2000=100) from the downwardly revised May reading of 210.9 points. Over the month, commercial planning grew +7.3% while institutional planning improved +5.7%. 


“Nonresidential planning steadily improved in June, alongside strength in warehouse, recreational, and data center planning,” said Sarah Martin, associate director of forecasting at Dodge Construction Network, in the press release. “Planning momentum in other key sectors — like education, hotels, and retail stores — was more subdued. Expectations for weaker consumer spending and travel demand, as well as volatility around funding, are likely contributing to the weaker momentum of projects entering the planning queue for those sectors.” 


The DMI is a monthly measure of the value of nonresidential building projects entering the planning stage, which has been shown to lead construction spending for nonresidential buildings by a full year. 


Warehouse activity gained substantive momentum in June, and data center planning levels remain robust. On the institutional side, large recreational projects propped up the month-over-month gain, while healthcare planning momentum continued to accelerate. In June, the DMI was up +20% when compared to year-ago levels. The commercial segment was up +11% from June 2024, and the institutional segment was up +46% after a weak June last year. If all data center projects between 2023 and 2025 are excluded, commercial planning would be up +12% from year-ago levels and the entire DMI would be up +23%.

 

MORE MEGA-PROJECTS

A total of 40 projects valued at $100 million or more entered the planning phase throughout June. The largest commercial projects included the $500-million Meadow Brook Technology Park Data Center Campus in Middletown, VA; the $300-million Project Blue Data Center (Phase 3) in Tucson, AZ;, and the $300-million Data City Data Center in Laredo, TX. The largest institutional projects to enter planning were the $340-million Cleveland Clinic Avon Campus Expansion in Avon, OH; the $150-million McKinney Amphitheatre Building (Phase 2) in McKinney, TX; and the $135-million Harold Simmons West Overlook Park Buildings in Dallas, TX.