Dodge Momentum Index Inches Higher in March

  • Posted on

The Dodge Momentum Index increased 0.5% in March to 145.5 (2000=100) from the revised February reading of 144.8. The momentum index, issued by Dodge Data & Analytics, is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year. The March uptick was due to a 2.8% increase in the commercial component of the momentum index, while the institutional component fell 3%. The overall momentum index has essentially moved sideways and stayed within a very narrow band of activity since the … Read more

Filed under: Economic News, eNewsTagged with: , ,

Dodge Momentum Index Recovers in January

  • Posted on

The Dodge Momentum Index rose 4.7 percent in January to 157.7 (2000=100) from the revised December reading of 150.6. The momentum index, issued by Dodge Data & Analytics, is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year. January’s increase reflected similar gains for the two components of the momentum index – institutional building, up 5.0 percent; and commercial building, up 4.6 percent. The January increase essentially reverses December’s decline, and brings the overall momentum index back to November’s … Read more

Filed under: Economic NewsTagged with: , ,

Dodge Momentum Index Moves Lower in December

  • Posted on

NEW YORK, N.Y. – Dodge Momentum Index fell 4.9 percent  in December to 151.9 (2000=100) from the revised November reading of 159.7. The momentum index, issued by Dodge Data & Analytics, is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year. The decline in December was due to a 7.6 percent drop in the commercial component of the momentum index, while the institutional component fell .7 percent. For the full year, the momentum index gained 4.3 percent from the … Read more

Filed under: Economic NewsTagged with: , ,

Dodge Momentum Index Moves Lower in September

  • Posted on

NEW YORK, N.Y. – The Dodge Momentum Index dropped 2.6 percent in September to 159.5 (2000=100) from the revised August reading of 163.7. The momentum index is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year. Both components of the momentum index were lower in September; the commercial component fell 4.3 percent, while the institutional component lost 0.1 percent. The momentum index has now fallen for two consecutive months; however, due to a very strong reading in July it … Read more

Filed under: Economic NewsTagged with: ,

Dodge Momentum Index Moves Higher in June

  • Posted on

NEW YORK, N.Y. – The Dodge Momentum Index grew .8 percent in June to 165.5 (2000=100) from the revised May reading of 164.2. The momentum index is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year. In June, the commercial component of the momentum index moved 1.1 percent higher, while the institutional component eked out a .3 percent gain. June’s advance marks the fifth straight monthly increase for the momentum index, which is now nearing a ten-year high, and … Read more

Filed under: Economic NewsTagged with: , ,