Dodge Momentum Index Up in December
January 10, 2020
Commercial & Institutional Planning Gained Last Month
The Dodge Momentum Index increased 1.5% in December, scoring 156.2. This was a gain of 2.3 points from the revised November score of 153.9.
Both the institutional and commercial components moved upward by 2.3% and 0.9% respectively.
Dodge Data & Analytics continues to expect a retraction in nonresidential spending in 2020, but suggests it will be moderate.
The DMI score average for 2019 was 141.9, 3.7% lower than the previous year’s average.