Dodge Momentum Index Jumps in June Amid General Slowdown
The Dodge Momentum Index improved in June, rising 4.0 percent to 146.1 from a revised reading of 140.5 in May. The monthly index measures the first report for nonresidential building projects in planning, which has been shown to lead construction spending by a full year. Initiation of planning for institutional building projects jumped 6.1 percent, […]