Dodge Momentum Index rises an additional 7% in May, indicating secure construction sector amidst uncertain economy
The Dodge Momentum Index rose 7% in May to 176.2, up from the revised April reading of 165.2. The institutional component of the Index rose 9% and commercial planning rose 6%. May’s increase pushed the level of planning above the most recent cyclical high set in November 2021. Last month...
Source: archinect.com