Dodge Data index decreases in April

摘要

The Dodge Momentum Index fell 0.5 percent in April to 144.3 (2000=100) from the revised March reading of 145.1. The Momentum Index, issued by Dodge Data and Analytics, is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year. The retreat in April was the result of the commercial component falling 1.0 percent while the institutional component rose a scant 0.2 percent.