Dodge Momentum Index Rises Slightly in May

Dodge Data & Analytics
June 11, 2018

The Dodge Momentum Index experienced a small rise in May, increasing 1.8 percent to 167.8, up from the revised April reading of 164.9. The positive direction is due to the commercial segment, which experienced an overall increase of 4.7 percent.

Though the index has not yet reached its pre-Recession level peak, it has seen five months of positive growth, gaining 19 percent year-over-year from 2017. Dodge Data analysts anticipate continued nonresidential building growth in 2018 based on these recent and continued gains.