Dodge Momentum Index Slows The Dodge Momentum Index slipped 2.6% in February compared to the previous month, according to McGraw Hill Construction. The latest month's retreat is expected to be a brief pause in a broader upward trend, Dodge says. Weak employment growth in December and January raised concern that the U.S. economic expansion was losing momentum, dampening planning for commercial and institutional buildings. Moderate improvements in the February jobs report should alleviate some of that concern.Equipment Dealer Optimism Hits New High Construction optimism has reached a nearly two-decade high of 124 points, after bottoming out in 2009 with 42
The 2016 Summer Olympics boating and swimming events have put an international spotlight on what has been a long-running problem in Rio de Janeiro—untreated sewage and trash are clogging up major bays and waterways.