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    Analysis

    October 7, 2022

    Dodge Momentum Index Rebounds in September

    Written by David Schollaert

    The Dodge Momentum Index saw a sizable increase in September, accelerating by 5.7% last month over the upwardly revised reading for August, according to data and analytics from the Dodge Construction Network. The index registered 183.2 in September, up from 173.4 in August.

    The leading index for commercial real estate measures data about planned nonresidential building projects to track spending in the sector. For September, the subcomponents move in parallel, with the institutional component of the Momentum Index rising 11.7% while the commercial component increased by 2.9%.

    David Schollaert

    David Schollaert is deputy editor-in-chief for Steel Market Update. David joined SMU after more than a decade in the metals and mining industry in a myriad of different roles. Much of his early experience and expertise were within the coverage and analysis of steel-making raw materials and served previously as senior editor of the CRU Prices Service. Most recently, however, before his return to market analysis, David held roles as a metals buyer and an operations manager for raw material suppliers. He can be contacted at david@steelmarketupdate.com or 724-720-1008.

    Read more from David Schollaert

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