Billings Stalled in October
November 19, 2020
Pace of Decline Relatively Flat
The Architecture Billings Index score for October was 47.5, gaining just half a point from the September reading.
“Though still in negative territory, the moderating billings score along with the rebound in design contracts and inquiries provide some guarded optimism,” said AIA Chief Economist Kermit Baker, PhD, Hon. AIA.
In October the project inquiries index was 59.1, up from 57.2 the previous month. The design contracts index was 51.7, up from 48.9.
Regional averages all made gains in October.
| September | October | |
| West | 45.6 | 50.4 |
| South | 43.7 | 45.8 |
| Midwest | 45.6 | 49.4 |
| Northeast | 41.5 | 44.9 |
Baker added, “The pace of recovery will continue to vary across regions and sectors.”
Dodge Momentum Index Drops in October
November 9, 2020
DMI Drops in October
The Dodge Momentum Index dropped 1.8% in October, moving to 127.5. This was down from the revised September reading of 129.8. The commercial component of the index was down 4.4%. The institutional component was up 3.3%.
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Great Oaks Charter School — Bridgeport, CT
October 22, 2020
Revitalization Exhibits Graham’s Expertise
The former site of the American Graphophone Company in Bridgeport, CT has been transformed into a mixed-use facility combining a charter school with adjacent residential space.
In the early 20th century the site was home to …
ABI Gains in September
October 21, 2020
Pace of Billings Decline Slows
The Architecture Billings Index score for September was 47.0, gaining 7 points after remaining at 40.0 from June through August.
“Despite the multi-family residential sector showing signs of improvement, overall business conditions are recovering at …
Shinola Hotel Receives Metamorphosis Awards
October 8, 2020
Shinola Hotel Awarded
The Shinola Hotel in Detroit, MI has won two of Retrofit Magazine’s annual Metamorphosis Awards. The project was recognized in the “adaptive reuse” and “historic” categories, winning second place in both. Three other projects Graham was involved …
Dodge Momentum Index Up in September
October 7, 2020
DMI Makes Gains In September
The Dodge Momentum Index gained 3.7% in September, moving to 130.8. This was up from the revised August reading of 126.2. The commercial component of the index was up 3.9%. The institutional component was up …
Architecture Billings Remain Stalled in August
September 23, 2020
ABI Unchanged in August
The Architecture Billings Index score for August remained at 40.0 as it was in July and June.
“Unfortunately, since the start of the COVID-19 pandemic, many architecture firms are finding fewer inquiries that convert to billable …
Dodge Momentum Index Posts Modest Gain
September 8, 2020
Institutional Planning Still Struggling
The Dodge Momentum Index gained 1.8% in August, moving to 126.5. This was up from the revised July reading of 124.2.
The commercial component of the index was up 3.3% while the institutional component lost 1.2%.
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Landmark by the River
August 27, 2020
Windows Into History
Following a recent trend of revitalization in downtown La Crosse, Wisconsin, Landmark by the River is a mixed use facility renovated from the site of the former La Crosse Plow Company Building, constructed in 1914. It is …
ABI Stalls in July
August 19, 2020
ABI Stalls in July
The Architecture Billings Index score for July remained at 40.0 as it was in June.
“It’s clear the pandemic continued to contribute to uncertainty in business conditions, especially as cases spiked in states across the country,” …