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08 Jun
21:24

Dodge Momentum Index remains unchanged in May

The US construction Dodge Data & Analytics Momentum Index moved -0.1% lower to 129.2 in May from the revised April reading of 129.4, Kallanish reports. The commercial sector of the index rose 1% during the month of May. However, the institutional sector fell -1.9% during the month. The Dodge Momentum Index is a monthly measurement of non-residential building projects in planning. It has been shown to lead construction spending by one year. The index is based …
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