Core Report | August 9, 2024

The Dodge Momentum Index increased sharply in July, climbing to its highest level since December 2022. The July DMI came in at 216.3, up 7.9% from the upwardly revised 200.5 in June. The DMI is up on a year-over-year basis as well, climbing 17% from 190.3 in July 2023. Within the overall index, both the commercial and institutional planning components increased, climbing 6.8% and 11.1%, respectively.

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