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blog > Market Snapshot: Planning Activity
Market Snapshot: Planning Activity
by Rafael Barbosa
A quick update on projects going into the planning queue.
Market Snapshot: Planning Activity
For the fifth consecutive month, the Dodge Momentum Index (DMI) increased, reflecting optimism towards nonresidential building markets. Most categories experienced growth in planning activity in August, resulting in a 2.9% increase from the previous month and a 31% increase compared to August of last year.
On the commercial side, retail, hotels, and warehouses started to move upwards. Data center activity is still strong but may be starting to slow down based on last week’s report from Dodge Construction Network. Health care was the top performer within the institutional sector, which was 5.7% higher than July. Recreational planning also picked up.
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