Economy
May 8, 2015
Dodge Momentum Index Up 0.8 Percent in April
Written by Sandy Williams
The Dodge Momentum Index rose a slight 0.8 percent in April to a reading of 122.6, according to Dodge Data & Analytics. Construction planning activity has been up and down in early 2015 but is higher than a year ago. In comparison, the April Index is 8.5 percent higher than April 2014.
Planning for the commercial sector is benefitting from higher rents and improved occupancy rates. Passage of bond measures is helping to grow the institutional sector.
