BlueTarp's supplemental contractor survey revealed that nearly 25% of contractors thought the economy would decline in some way within the next 12 months, an increase from 16.3% last quarter.
The Momentum Index is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year.
The Momentum Index, issued by Dodge Data & Analytics, is a monthly measure of the first (or initial) report for nonresidential building projects in planning.