Dodge Momentum Index Rose 9.6% in October

The Dodge Momentum Index registered 199.7 in October, up 9.6% from 182.2 September, according to data and analytics from the Dodge Construction Network.

Dodge is the leading index for commercial real estate, using the data of planned nonresidential building projects to track spending in the sector for the next 12 months. For October, the index’s subcomponents also accelerated, with the institutional component rising 2.9% and the commercial component increasing by 13%.

David Schollaert

David Schollaert is a senior analyst for Steel Market Update. David joined SMU after more than a decade in the metals and mining industry in a myriad of different roles. Much of his early experience and expertise were within the coverage and analysis of steel-making raw materials and served previously as senior editor of the CRU Prices Service. Most recently, however, before his return to market analysis, David held roles as a metals buyer and an operations manager for raw material suppliers. Based in CRU’s Pittsburgh office, David can be reached at david@steelmarketupdate.com or 724-720-1008.

David Schollaert

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