Leading Index for Commercial Real Estate Increased in September

From Dodge Data Analytics: Dodge Momentum Index Posts Gain in September The Dodge Momentum Index moved 4.1% higher in September to 143.6 (2000=100) from the revised August reading of 137.9. The Momentum Index, issued by Dodge Data & 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 gain in September was due entirely to an 8.9% increase in the commercial component, while the institutional component fell 4.8%. For the third ......(read more)

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