US EditionDodge Momentum Index up in January | Pit & Quarry
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Dodge Momentum Index up in January | Pit & Quarry
The Dodge Momentum Index, issued by Dodge Construction Network, grew to 225.7 in January, up 5.6 percent from the revised December reading of 213.6. The momentum index is a monthly measure of the value of nonresidential building projects going into planning, shown to lead construction spending for nonresidential buildings by a full year. Over the month, commercial planning increased 4.2 percent while institutional planning improved 8.7 percent. …
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