From Name

From Email

To Name

To Email

Message

Momentum Index loses ground in June

from

Momentum Index loses ground in June The Dodge Momentum Index dropped 6.6% in June to 121.5 from a revised May reading of 130.1. The index, from Dodge Data & Analytics, measures the first (or initial) report for nonresidential building projects in planning. The index, Dodge notes, has shifted noticeably lower as the fallout from the recession continues to hold its grip on the construction sector. The overall index fell 13% in the second quarter from the first three months of the year, with the commercial component 14% lower and the institutional component down 11%. READ MORE

more