A return of "enthusiasm and optimism" in prospects for nonresidential growth helped commercial and institutional planning end the year on a positive note, according to the Dodge Momentum Index, issued by Dodge Construction Network.

DMI improved by 6.6% in December to 222 from the revised November reading of 208.3, raised from 207.2.

Commercial spiked by 8.4% and the institutional grew by 2.7%.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.