Dodge Momentum Index at Eight-Year High
- Published: Monday, 09 January 2017 10:39
- Written by Rock Products News
The Dodge Momentum Index increased 2.9 percent in December to 136.7 (2000=100) from its revised November reading of 132.8. The Momentum Index 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.