Dodge Momentum Index rises in January

The Dodge Momentum Index rose 2.4 percent to 126.4 in January from 123.4 in December 2015, according to Dodge Data & Analytics. The index is up 1.7 percent compared with January 2015.

The Dodge Momentum Index is a monthly measure of the initial report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year.

In January, the commercial component of the Dodge Momentum Index rose 1.6 percent, and the institutional segment of the index increased 3.3 percent. 


From NRCA

Trenton H. Cotney
Florida Bar Certified Construction Lawyer
Trent Cotney, P.A. 
407 N. Howard Avenue
Suite 100
Tampa, FL 33606

Comments

Popular posts from this blog

Pleading Elements of Unjust Enrichment

Pleading Elements of Fraud in the Inducement

Pleading Elements of Fraudulent Misrepresentation