The Dodge Momentum Index rose 4.7% in January to 157.7 (2000=100) from the revised December reading of 150.6.

The leading U.S. metropolitan areas for commercial and multifamily construction starts registered a varied performance during 2018 compared to the previous year, according to Dodge Data & Analytics.

The Dodge Momentum Index fell 4.9% in December to 151.9 (2000=100) from the revised November reading of 159.7.

New construction starts in December fell 10% to a seasonally adjusted annual rate of $708.9 billion, continuing to retreat after November's 7% slide, according to Dodge Data & Analytics.