Dodge Momentum Index Loses Steam In June
Business Tools
On: July 12, 2021 | By:
HAMILTON, New Jersey – July 8, 2021 – Following six months of consecutive gains, the Dodge Momentum Index fell to 165.8 (2000=100) in June, down 5% from the revised May reading of 175.1. 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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