Steel Markets
February 8, 2018
Dodge Construction Index Dips 5.1% in January
Written by Sandy Williams
The Dodge Momentum Index fell 5.1 percent in January to 143.7 from December’s revised score of 151.5. On a year-over-year basis, the index gained 7.7 percent.
The Dodge Momentum Index, published by Dodge Data & Analytics, is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which has been shown to lead construction spending for nonresidential buildings by a full year.
