Dodge Momentum Index on the Move in April

The Dodge Momentum Index rose 0.6 percent in April to 116.5 from its revised March reading of 115.8 (2000=100). 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.

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W. R. Meadows Celebrates 90th Anniversary

In 1926, a young entrepreneur in Elgin, Ill., understood how important transportation would be to future development in the United States. W.R. ‘Bob” Meadows realized that seasonal conditions played havoc to the expansion and contraction of concrete and saw an opportunity how to control these forces by developing asphalt and wood fiber expansion joints. It turned out to be the…

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