Steel Markets
April 5, 2019
Dodge Momentum Index Inches Up in March
Written by Sandy Williams
The Dodge Momentum Index rose a slim 0.5 percent in March to 145.5. The Momentum Index, issued by Dodge Data & Analytics, is a monthly measure of the initial report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year. Institutional planning fell 3.0 percent last month, leaving the commercial component of the index to provide the uptick with an increase of 2.8 percent.
