b'Dodge Momentum Index Declines In April After Pullback In Commercial PlanningWeak office, hotel, and retail planning activity pull Index lowerHAMILTON, N.J. May 5, 2023 The Dodge MomentumIndex(DMI),issuedbyDodge Construction Network, fell 5.1% in April to 180.9 (2000=100) from the revised March reading of190.6.InApril,thecommercialcomponentof the DMI fell 8.0%, and the institutional component improved0.3%.Onparwithourexpectations,theDodge Momentum Index continued to recede in April, due todecliningeconomicconditionsandongoing bankinguncertainty.statedSarahMartin,About Dodge Construction Network associatedirectorofforecastingforDodge Dodge Construction Network leverages an unmatched Construction Network. Weaker commercial plan- offering of data, analytics, and industry-spanning ningisdrivingtheDMIsdecline,asitismorerelationships to generate the most powerful source of exposedtoreal-timeeconomicchangesthantheinformation, knowledge, insights, and connections in largelypubliclyfundedinstitutionalsegment.the commercial construction industry. The company powers four longstanding and trusted Commercial planning in April was pushed down byindustry solutionsDodge Data & Analytics, The sluggishoffice,hotelandretailactivity. Blue BookNetwork, Sweets, and IMSto connect the dots across the entire commercial constructionInstitutionalplanningremainedflat,asweakeducation planning offset growth in healthcare andecosystem. amusementprojects.Yearoveryear,theDMITogether, these solutions provide clear andremains11%higherthaninApril2022.The actionable opportunities for both small teams andcommercial and institutional components were upenterprise firms. Purpose-built to streamline the7% and 17% respectivelycomplicated, Dodge Construction Network ensures that construction professionals have the information A total of 16 projects with a value of $100 millionthey need to build successful businesses and thriving ormoreenteredplanninginApril.Thelargest communities. With over a century of industry commercial projects included a $268 million ware- experience, Dodge Construction Network is the cata-houseinElDoradoHills,California,anda$170lyst for modern commercial construction.millionhotelinNewYorkCity,NewYork.Leading the way on the institutional side were theTo learn more, visit construction.com $450 million Desert Diamond Casino in Glendale,Media Contact: Arizona and the $350 million Global Energy ParkCailey Henderson | 104 West Partners researchanddevelopmentlaboratoryinGolden,| cailey.henderson@104west.com Colorado.5'