Architecture Billings Slow in September

October 24, 2018

Midwest and Southern activity lead in billings

While growth remained positive for the twelfth consecutive month, architecture billings slowed in September.

The Architecture Billings Index (ABI) score for September was 51.1, down 3.1 points from the previous month. Any score above 50 indicates growth in billings.

“Similar to the strong conditions we’ve seen nationally, architecture firms located in the Midwest and Southern regions of the country continued to report very strong billings in September,” said American Institute of Architects Chief Economist Kermit Baker.

The project inquiry index was 58.8, up from the previous month’s score of 58. The design contracts index increased from 49.6 to 54.1.

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Historic project puts Graham’s expertise on display

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Dodge Momentum Index Lower in September

October 8, 2018

Construction Activity Drops for Second Consecutive Month

The Dodge Momentum Index was 159.5 in September, dropping 2.6% from the revised August reading of 163.7.
The commercial component fell 4.3% and institutional activity was down 0.1%.
Despite the decline, …