The Texas Construction News staff writer
HAMILTON, N.J. — The Dodge Momentum Index (DMI), a monthly measure of nonresidential building projects entering the planning stage, decreased 1% in November 2025 to a reading of 179.2 (2000=100).
One of the largest projects to be reported in November was the Medina Technology Data Center Park in Medina, Texas.
- Both the commercial and institutional components of the index fell 1% over the month.
- Despite the monthly decline, the overall level of nonresidential planning activity remains historically elevated and is expected to support construction spending in 2026 and 2027.
- The institutional segment has seen strong momentum in healthcare and public projects, which helped offset continued weakness in education planning.
- Year over year, the DMI was 14% lower than in November 2024.
A total of 17 projects valued at $100 million or more entered planning in November. Nonresidential planning is expected to remain constrained from stronger growth due to ongoing challenges with labor and construction costs.
