Dodge Momentum Index Flat in May
June 8, 2020
Construction Planning Essentially Flat in May
The Dodge Momentum Index dropped by just 0.1% in May, scoring 129.2. This was down from the revised April reading of 129.4.
Commercial planning gained 1% while institutional planning lost 1.9%.
Dodge Data & Analytics expressed optimism, stating, “While the Momentum Index may move lower in the future, its present level continues to suggest that there are enough projects entering planning to allow construction to begin a modest recovery in the third quarter.”