Dodge Momentum Index: Strong 2013, But Not Up to 2007′s Standard

From McGraw-Hill Construction, on the “Dodge Momentum Index”

December’s increase brought the Momentum Index to 118.3 (2000=100), the highest reading since February 2009.

Over the course of 2013, the Momentum Index showed steady improvement, with December up 32% compared to the same month a year ago.

Despite the strong percentage growth during 2013, the Momentum Index remains significantly below its December 2007 pre-recession peak of 191.3.

EleBlog comment: So it’s a mixed bag. 2013 was a great year, relatively speaking. But where we are right now, as shown in the graphic above, ain’t nowhere — relatively speaking.

Source: http://electricalcontractor.com/?p=12445

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