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Leading Index for Commercial Real Estate Increased in December
5 days ago | By Calculated Risk
From Dodge Data Analytics: Dodge Momentum Index Ends 2020 on a High Note
The Dodge Momentum Index jumped 9.2% in December to 134.6 from the revised November reading of 123.3. The Momentum Index, issued by Dodge Data & Analytics, is a monthly measure of the first report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year. The commercial component of the Momentum Index rose 14.0%, while the institutional component rose by 0.3%.
The gain in the commercial component of the Momentum Index was...
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