Dodge Momentum Index Jumps in May
Business Tools
On: June 09, 2021 | By:
HAMILTON, New Jersey – June 7, 2021 – The Dodge Momentum Index moved 9.1% higher in May to 178.0 (2000=100), up from the revised April reading of 163.2. The Momentum Index, issued by Dodge Data & Analytics, is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year.
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