According to @KobeissiLetter, the Dodge Momentum Index surged 60% year over year in September to the highest level on record, signaling exceptional strength in the U.S. non-residential construction pipeline (source: @KobeissiLetter). According to @KobeissiLetter, the index is a leading indicator that typically tracks projects from planning to groundbreaking within 9–12 months, providing traders with a timing gauge for upcoming construction activity (source: @KobeissiLetter). According to @KobeissiLetter, growth was led by a 75% YoY spike in institutional projects such as healthcare and public buildings and a 53% YoY jump in commercial activity driven by data centers and retail, highlighting AI-driven data center demand as a core catalyst (source: @KobeissiLetter). According to @KobeissiLetter, the index also rose 3% month over month in September, extending an uptrend after 5% in August and 21% in July, reinforcing momentum in the planning pipeline (source: @KobeissiLetter). According to @KobeissiLetter, the author links the acceleration to AI’s growing real-economy impact, which traders can align with the index’s 9–12 month lead time when assessing exposure to AI-related construction and infrastructure flows; no specific cryptocurrencies are cited in the source (source: @KobeissiLetter).