Steel Markets
December 8, 2015
Dodge Momentum Index Drops in November
Written by Sandy Williams
The Dodge Momentum Index dropped 3.7 percent to 119.9 in the November report from Dodge Data and Analytics. The index spiked in July and September but lost construction planning momentum in October and November. The index is now more consistent with the “gentle upward trend in planning activity that began in 2012” says Dodge.
Commercial building planning fell 10.2 percent in November while planning for Institutional building increased 5.3 percent.
