Dive summary:

• The Dodge Momentum Index is considered a 12-month leading indicator of what's coming in nonresidential construction, and it hit a level last month not seen since April 2010.
• The index, which considers projects that are being planned, was up 6.3% from January and reached 102.9 on the scale that uses 2000 as its base year of 100, McGraw-Hill Construction said.
• McGraw-Hill credited commercial plans for office and retail projects with driving the increase, saying that institutional planning stayed about where it had been, though the overall result is still 23.4% over February 2012.

From the article:

The increase was the third consecutive monthly gain and the first time the index has surpassed the 100 mark since 2010. ...