In the latest Dodge Momentum Index report, chief economist Richard Branch highlights April’s construction drivers and industry trends. This month, he discusses:
- A 9% rise in the Commercial Sector
- The DMI approaches an all-time high
- Educational building leads Institutional Sector
- Optimism for solid construction activity
The Dodge Momentum Index (DMI) is an economic leading indicator for nonresidential building projects, tracking the dollar value of these projects in their earliest stages of planning.