Dodge Momentum Index Dips In January
The Dodge Momentum Index (DMI) fell 8.4% in January to 201.5 (2000=100) from the revised December reading of 220.0.
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The Dodge Momentum Index (DMI) fell 8.4% in January to 201.5 (2000=100) from the revised December reading of 220.0.
The Dodge Momentum Index (DMI), issued by Dodge Construction Network, improved 6.6% (2000=100) in December to 222.2
According to the Dodge Construction Network, commercial and institutional planning rose for third consecutive month in November.
The Dodge Momentum Index continued to climb in October, improving 9.6 percent to 199.7, compared to 182.2 in September. The commercial component increased the most at 13 percent.
The Dodge Momentum Index, a monthly measure of the initial report for nonresidential building projects, improved 5.7 percent in September from the revised August reading. In September, the commercial component of the index rose 2.9 percent, while the institutional component also increased, seeing a double-digit gain of 11.7 percent.