The Dodge Momentum Index increased to 125.0 in November, up 0.6 percent from October, according to Dodge Data & Analytics.

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 November increase in the Index was the result of greater planning activity in the commercial sector, which rose 4 percent for the month, led by the $232 million Bridgestone America Office Tower in Nashville, Tenn.

The increase for the overall Index was held back, however, by a 3.8-percent drop in planning activity for the institutional sector.

After retreating from July through September, the Momentum Index has registered gains for two consecutive months. The Index is now 14 percent above the same month a year ago, and is at its highest level since early 2009.