What is the Dodge Momentum Index?
Dodge Data & Analytics builds their construction data from the bottom up, by tracking individual construction projects throughout their lifecycle -- from the earliest incarnation in planning all the way through to groundbreaking.
The Dodge Momentum Index is an index that tracks the dollar value of non-residential building products when they first enter their earliest stages of planning. In a sense, it's a leading indicator of future construction activity.
How should your business use the Dodge Momentum Index?
Avoid looking at any one given period or month as a discrete element. The value in the Dodge Momentum Index is looking at it as a trend over time. As it serves as a leading indicator for non-residential building activity, it can give your business a head start on what you can expect to happen to your revenues in the future.
How can you track the Dodge Momentum Index?