Dodge Momentum Index Falls to Lowest Level in Eight Months

The Dodge Momentum Index (DMI) declined for the second month in a row in April as office, hotel, and retail planning activity showed weakness, the latest data from the Dodge Construction Network (DCN) shows. The reading is at its lowest level in eight months.

April’s DMI declined 5.1% to 180.9 from the revised March reading of 190.6. March’s DMI was higher than the initial reading of 183.7, but still lower than February’s reading of 201.0. This April’s DMI remains 11% ahead of last year’s April reading.

Laura Miller

Laura Miller is a reporter and editor for Steel Market Update. She has held a variety of positions within the steel industry since 2007, including reporting and editing for Steel Business Briefing/Platts, the Association for Iron and Steel Technology, and Kallanish Commodities, as well as marketing for what was then known as ThyssenKrupp Steel USA (now AM/NS Calvert). After a five-year hiatus working across other industries, she returned to steel in 2021 and has covered the flat rolled, tubular, and trade areas of the industry. She is a member of the Association of Women in the Metal Industries and a past-president of the AWMI Pittsburgh Chapter. She holds a BA in Latin American Studies from Edinboro University of Pennsylvania. She can be reached at laura@steelmarketupdate.com or 724-759-7869.

Laura Miller

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