Dodge Momentum Index Loses Steam in April
Overall construction activity slowed in April 2017 according to Dodge Data & Analytics. The Dodge Momentum Index fell 5.1% in April to 133.8 (2000=100) from its revised March reading of 140.9. The Momentum Index is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to…