Dodge Momentum Index continues decline in May, led by poor commercial planning activity
Data from the latest Dodge Momentum Index (DMI) shows a slight decline of 2.0% to 180.5 for May, continuing a three-month downturn that follows April’s revised total of 184.1 and the 183.7 figure that was recorded in March. For the month, the DIM’s commercial component fell to 6.1%...