Dodge Momentum Index Gains 9.1% In May
June 7, 2021
Commercial Planning Bounces Back In May 🙂
The Dodge Momentum Index gained by 9.1% in May, moving to 178.0. This was up from the revised April reading of 163.2. The commercial component of the index jumped by 15.5%. The institutional component, which has led gains in recent months, lowered by just 0.3%.
| May-21 | Apr-21 | % Change | |
| Dodge Momentum Index | 178.0 | 163.2 | 9.1% |
| Commercial Building | 202.3 | 175.2 | 15.5% |
| Institutional Building | 148.0 | 148.4 | -0.3% |
Commercial planning saw its strongest month-to-month increase since October 2017.
Describing market conditions, Dodge Data & Analytics stated, “The rising trend in planning activity is a good sign that the economic recovery is starting to spread into the construction sector. However, these projects are unlikely to have an impact on construction starts this year. Rising material prices and a continued shortage of skilled labor have led to project delays. On the upside, construction starts are shaping up for a healthy increase in 2022.”
ABI Shows Increase in Demand
May 19, 2021
Third Consecutive Month of Positive Billings
The Architecture Billings Index score for April was 57.9, gaining 2.3 points from the March reading.
“This recent acceleration in the demand for design services demonstrates that both consumers and businesses are feeling much …
DMI Posts 8.6% Gain
May 7, 2021
Institutional Planning Again Drives DMI Higher
The Dodge Momentum Index gained by 8.6% in April, moving to 162.4. This was up from the revised March reading of 149.5. The commercial component of the index was down 0.2%. The institutional component …
Construction Continues at Mixed-Use Complex “The Mitchell”
May 4, 2021
Rising High
After delays due to the COVID-19 pandemic, construction is now in full swing on the White Plains, NY project formerly named Broadstone White Plains.
Plans for the mixed-use development include two 15-story buildings and a six-story parking structure. …
Architectural Billings Strengthen in March
April 22, 2021
Architectural Billings Strengthen in March
The Architecture Billings Index score for February was 55.6, gaining 2.3 points from the February reading.
“As business activity at architecture firms moves sharply toward recovery, it is very encouraging to simultaneously see such positive …
Institutional Planning Drives DMI Higher In March
April 7, 2021
Institutional Planning Drives DMI Higher In March
The Dodge Momentum Index gained by 1.7% in February, moving to 151.4. This was up from the revised February reading of 148.8. The commercial component of the index was down 3.9%. The institutional …
Billings Positive After Year of Decline
March 24, 2021
Billings Positive After Year of Decline
The Architecture Billings Index score for February was 50.3, gaining 5.4 points from the January reading.
“Hopefully, this is the start of a more sustained recovery. It is possible that scores will continue to …
Residential Colleges at Vanderbilt University — A Case Study
March 17, 2021
Residential Colleges at Vanderbilt University — A Case Study
Vanderbilt University’s residential colleges stand as a testament to what can be accomplished when a bold vision and an uncompromising pursuit of excellence is brought to life through team-wide collaboration. Visit …
Dodge Momentum Index Gained In February
March 8, 2021
Dodge Momentum Index Gained In February
The Dodge Momentum Index gained by 7.1% in February, moving to 149.0. This was up from the revised January reading of 139.1. The commercial component of the index was up only 0.1% while the …
Billing Activity Still Contracting
March 1, 2021
Billing Activity Still Contracting
The Architecture Billings Index score for January was 44.9, gaining 2.6 points from the December reading.
“The broader economy entered a soft spot during the fourth quarter of last year, and business conditions at design firms …