b'Dodge Momentum Index Growsentered planning throughout December. The largest 10% in Decembercommercial projects included six phases of the $1.6 billion Powerhouse 95 data center in Fredericksburg, Virginia, and four phases of the $1 billion Brambleton Commercial planning bounced back strongly over theData Center at Tech Park in Ashburn, Virginia. The month.largest institutional projects to enter planning were the $226 million OhioHealth Outpatient Cancer Center in BOSTON, M.A.January 8, 2024The DodgeColumbus, Ohio, and the $220 million county jail in Momentum Index (DMI), issuedPeoria, Illinois.by Dodge Construction Network, grew 10.2% in December to 212.0 (2000=100) from the revisedThe DMI is a monthly measure of the value of November reading of 192.3. Over the month,nonresidential building projects going into planning, commercial planning increased 14.2% whileshown to lead construction spending for nonresidential institutional planning improved 2.5%. buildings by a full year. Commercial activity rebounded strongly in December, thanks to a re-acceleration in data centerand warehouse planning activity, stated Sarah Martin, associate director of forecasting at Dodge Construction Network. Overall, the strong performance of the Momentum Index this past year is expected to support nonresidential construction spending throughout 2025. On the commercial side, data center and warehouse planning drove much of the growth this month, whilestronger healthcare and education activity supported the institutional portion. In December, the DMI was up 19% when compared to year-ago levels. The commercial segment was up 30% from December 2023, while the institutional segment was flat over the same period. The influence of data centers on theMedia Contact: | pr@construction.com DMI this year has been substantial. If we remove all data center projects in 2023 and 2024, commercial planning would be up 8% from year-ago levels, andthe entire DMI would be up 5%. A total of 32 projects valued at $100 million or more 10'