Dodge Momentum Index Posts Strong Gain in February, Marks Highest Level in Nearly 3 Years

The Dodge Momentum Index rose 7.1% in February to 149.0 (2000=100) from the revised January reading of 139.1. 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 Read More …