The Dodge Momentum Index, a monthly measure of initial reports for nonresidential building projects in planning, fell 4.4 percent in July after making gains the last three months. On a year-over-year basis the index is still 16.5 percent higher than the same month last year. “The July decline, therefore, may simply be a return to […]
The Dodge Momentum Index rose for the third consecutive month, gaining 3.3 percent in June to register 128.7, according to McGraw Hill Construction. The Index is a monthly measure of initial planning for nonresidential building projects. The report leads construction spending by a full year and can be used an indicator for future construction. Any […]
The Dodge Momentum Index is a monthly measure of the initial report for nonresidential building projects in planning and is published by McGraw Hill Construction. The report leads construction spending by a full year and can be used an indicator for future construction. Any reading above 100, established for year 2000, indicates growth in construction […]