Dodge Momentum Index Inches Higher in July
- Published: Friday, 05 August 2016 11:46
- Written by Rock Products News
The Dodge Momentum Index moved slightly higher in July, increasing 0.5 percent to 134.7 (2000=100) from its revised June reading of 134.1. 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.