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Press Release

Dodge Momentum Index Jumps Again in March

NEW YORK – April 5, 2013 – The Dodge Momentum Index rose 5.9% in March, 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 March increase lifted the Momentum Index to 109.4 (2000=100), marking the fourth gain in a row following the modest retreat that took place from August through November last year. The pause for the Momentum Index during the second half of 2012 coincided with the uncertain political and economic environment at that time. More recently, the four straight gains for the Momentum Index suggest that owners and developers now perceive the climate for construction to be improving, as shown by the rising amount of commercial and institutional building projects reaching the planning stage.

The March increase for the Momentum Index was evenly split between its commercial and institutional components. Large projects that boosted the commercial segment of the planning pipeline in March included the $200 million Maui Outlet Mall in Kihei HI, a $135 million headquarters for New Balance in Brighton MA, and a $75 million headquarters for British Petroleum in Houston TX. The institutional segment was buttressed in March by the inclusion of several new amusement-related projects. The largest of these developments was the $400 million MGM/AEG Arena in Las Vegas. MGM's recently announced plans for this 20,000 seat arena also include retail and dining space.

Dodge Momentum Index
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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

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