Dodge Momentum Index Lower in September
October 8, 2018
Construction Activity Drops for Second Consecutive Month
The Dodge Momentum Index was 159.5 in September, dropping 2.6% from the revised August reading of 163.7.
The commercial component fell 4.3% and institutional activity was down 0.1%.
Despite the decline, the Index increased 0.8% from the second to third quarter, lifted by a strong reading in July.