Dodge Momentum Index rises in December
According to Dodge Data & Analytics, the Dodge Momentum Index increased in December, rising 4.0 percent from a revised 123.8 in November to 128.7 in December.
The index is currently at its highest reading since February 2009 and is 17 percent higher than one year ago.
The December increase was due to a 4.1 percent increase in the commercial sector and a 3.8 percent increase in the institutional sector. In addition, nine commercial projects exceeding $100 million entered into planning during the month.
About the Author: Allison Kral
Allison Kral is the former senior digital media manager for North Coast Media (NCM). She completed her undergraduate degree at Ohio University where she received a Bachelor of Science in magazine journalism from the E.W. Scripps School of Journalism. She works across a number of digital platforms, which include creating e-newsletters, writing articles and posting across social media sites. She also creates content for NCM's Portable Plants magazine, GPS World magazine and Geospatial Solutions. Her understanding of the ever-changing digital media world allows her to quickly grasp what a target audience desires and create content that is appealing and relevant for any client across any platform.Subscribe to Pit & Quarry
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