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    Institutional Sector Leads Dodge Momentum Index in April

    Written by Sandy Williams


    The Dodge Momentum Index gained 8.6% in April, jumping to 162.4. The index has rebounded 77% from its nine-year low in January. Compared to April 2020, the first full month of COVID-19 shutdowns, the index is 31% higher, said Dodge Data & Analytics.

    DodgeDataConstruction projects in healthcare and laboratories are driving the institutional sector’s 50% year-over-year increase. The commercial sector softened somewhat in April as fewer warehouse projects entered the planning phase but is still 21% higher than a year ago.

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