Dodge Momentum Index Grows in March – tEDmag

Dodge Momentum Index Grows in March – tEDmag

Planning momentum in March was powered almost entirely by data center projects, with most other sectors easing back.

Dodge Momentum Index up in March

The Dodge Momentum Index, issued by Dodge Construction Network increased 1.8 percent in March to 250.5 from the downwardly revised February reading of 246.2.  The momentum index is a monthly measure based on the three-month moving value of nonresidential building projects going into planning, shown to lead construction spending for nonresidential buildings by a full year to 18 months, Dodge says.   Through March, commercial planning grew 7 perce…