• The Dodge Momentum Index, which is considered a good predictor of year-ahead spending for nonresidential construction, went to 96.8 in August, down some from  a revised July index of 98.1. The index uses 2000 as its base year, equal to 100.
• The commercial piece of the index was down 3.5% from its July mark. The institutional portion was up 1%.
• McGraw-Hill Construction, which compiles and publishes the index, said August was 21.4% above where it stood a year back.

From the article:

The Dodge Momentum Index retreated 1.4% in August compared with July, according to McGraw-Hill Construction, a division of The McGraw-Hill Companies. ...