ConstructConnect’s ‘Expansion Index’ Captures Construction Hesitancy
Business Tools
On: June 21, 2021 | By:
The index, which can also be referred to as a ratio, fluctuates around the number 1.0. For any geographic designation (national, state, province or city), the index value is the dollar volume of planned projects in any given month compared with and divided by the dollar volume of planned projects for the same month of the year previously.
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