Dodge Momentum Index Shows 14-year High for Nonresidential
While the Dodge Momentum Index, a monthly measure of the initial report for nonresidential building projects in planning, increased slightly in June, the notable indicator of construction project pipelines hit its 14-year high.
The Momentum Index, issued by Dodge Construction Network, increased less than one percentage point in June to 173.6 (2000=100) from the revised May reading of 173.1. The