Dodge Momentum Index Continues to Gain in January

              Dodge Momentum Index Continues to Gain in January

PR Newswire

NEW YORK, Feb. 6, 2013

NEW YORK, Feb. 6, 2013 /PRNewswire/ -- The Dodge Momentum Index rose 2.7% in
January, according to McGraw-Hill Construction, a division of The McGraw-Hill
Companies. 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. The
January increase for the Momentum Index marked its second monthly gain in a
row, lifting it to 97.6 – the highest reading since mid-2010. This recent
upturn follows a moderate decline for the Momentum Index that took place from
August through November, when uncertainty related to the November 2012
elections and the looming fiscal cliff generally dampened investment. With the
election results final and the fiscal cliff averted for the time being, plans
for nonresidential building projects that may have been deferred are now
moving ahead at a quicker pace.

January's increase for the Momentum Index relative to December was the result
of stronger activity for both its commercial and institutional segments. The
3.1% gain for the institutional segment in January was driven by a surge in
new hospital projects entering the planning pipeline. These included a $202
million second phase to the Advocate Christ Hospital Patient Tower in Illinois
and an $80 million expansion at the Geisinger Medical Center in Pennsylvania.
The 2.3% gain for the commercial segment in January reflected an uptick in
plans for new offices and stores. These included such projects as a new
Chevron Office Complex in Texas and a mixed-use tower in San Francisco CA
which entered planning.

The Dodge Momentum Index
(Year 2000=100)
                             Jan-13    Dec-12 % Change
Dodge Momentum Index         97.6      95.1   2.7%
 Commercial Building       91.9      89.8   2.3%
 Institutional Building    104.7     101.5  3.1%
Source: McGraw-Hill Construction Dodge

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About McGraw-Hill Construction:
McGraw-Hill Construction's data, analytics, and media businesses—Dodge,
Sweets,Architectural Record, and Engineering News-Record— create opportunities
for owners, architects, engineers, contractors, building product
manufacturers, and distributors to strengthen their market position, size
their markets, prioritize prospects, and target and build relationships that
will win more business. McGraw-Hill Construction serves more than one million
customers through its trends and forecasts, industry news, and leading
platform of construction data, benchmarks, and analytics, including Dodge
BuildShare and Dodge SpecShare. To learn more, visit www.construction.com.

About The McGraw-Hill Companies:
The McGraw-Hill Companies (NYSE: MHP), a financial intelligence and education
company, signed an agreement to sell its McGraw-Hill Education business to
investment funds affiliated with Apollo Global Management, LLC in November
2012. Following the sale closing, expected in early 2013, the Company will be
renamed McGraw Hill Financial (subject to shareholder approval) and will be a
powerhouse in benchmarks, content, and analytics for the global capital and
commodity markets. The Company's leading brands will include: Standard &
Poor's, S&P Capital IQ, S&P Dow Jones Indices, Platts, Crisil, J.D. Power and
Associates, McGraw-Hill Construction, and Aviation Week. The Company will
have approximately 17,000 employees in more than 30 countries. Additional
information is available at www.mcgraw-hill.com.

Media Contact:
Kathy Malangone, Senior Director, Marketing Communications,
McGraw-Hill Construction, +1 212-904-4376, kathy_malangone@mcgraw-hill.com

SOURCE McGraw-Hill Construction

Website: http://www.construction.com