Data centers, warehouses, and recreational projects drove gains

BOSTON, MA – July 8, 2025 — The Dodge Momentum Index (DMI), issued by Dodge Construction Network, grew 6.8% in June to 225.1 (2000=100) from the downwardly revised May reading of 210.9. 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,” stated Sarah Martin, associate director of forecasting at Dodge Construction Network. “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.” 

Warehouse activity gained substantive momentum in Jue, 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%.  

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, Virginia, the $300 million Project Blue Data Center (Phase 3) in Tucson, Arizona, and the $300 million Data City Data Center in Laredo, Texas. The largest institutional projects to enter planning were the $340 million Cleveland Clinic Avon Campus Expansion in Avon, Ohio, the $150 million McKinney Amphitheatre Building (Phase 2) in McKinney, Texas, and the $135 million Harold Simmons West Overlook Park Buildings in Dallas, Texas. 

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. 

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