Dodge Momentum Index Up in July
August 7, 2020
DMI Increases for First Time in 2020
The Dodge Momentum Index rose by 3.4% in July, scoring 124.7. This was up from the revised June reading of 120.5.
The commercial component of the index was up 5.3% while the institutional component remained unchanged from June.
Dodge Data & Analytics attributed most of this year’s decline to the month of April when businesses were shut down across the country due to the COVID-19 pandemic.
“The pullback has largely come from institutional planning, rather than commercial plans. State and local government revenues have been squeezed as declines in economic activity have led to a drop in tax revenue just as costs related to the pandemic have skyrocketed. The institutional component is currently 28% below its December 2019 peak and 21% lower than its year ago level. Commercial planning is down 13% from its January 2020 peak, but is actually 1% higher than its year-ago level.”
Billings Negative But Stabilizing in May
July 23, 2020
Index Scores Show Signs of Stabilizing
The Architecture Billings Index score for June was 40.0, gaining 8 points from the May reading of 32.0.
“While business conditions remained soft at firms across the country, those with a multifamily residential specialization …
Dodge Momentum Index Drops in June
July 8, 2020
DMI Drops in June
The Dodge Momentum Index dropped by 6.6% in June, scoring 121.5. This was down from the revised May reading of 130.1.
The institutional and commercial components were both down, dropping by 11.7% and 3.5% respectively.
Dodge …
Graham has a new brochure!
July 2, 2020
Schools & Universities
Graham has a new brochure showcasing projects we’ve completed in the education sector. Included are photos and details of our work with schools such as Stanford University, St. Louis University, University of Michigan, and more.
The brochure …
Record Drop in Billings Moderates in May
June 24, 2020
Record Drop in Billings Moderates in May
The Architecture Billings Index score for May was 32.0, gaining 2.5 points from the April reading of 29.5.
“A large portion of the design and construction industry remains mired in steep cutbacks …
Graham’s Human Impact Window Solution
June 11, 2020
S6300 Human Impact Resistant Window
Developed specifically for hospital and psychiatric care applications, the Graham S6300 Human Impact Resistant Window is designed to provide the benefits of day-lighting in clinical settings while maintaining control over unwanted egress. The S6300 replaces …
Dodge Momentum Index Flat in May
June 8, 2020
Construction Planning Essentially Flat in May
The Dodge Momentum Index dropped by just 0.1% in May, scoring 129.2. This was down from the revised April reading of 129.4.
Commercial planning gained 1% while institutional planning lost 1.9%.
Dodge Data & …
Architecture Billings Continue Pullback
May 20, 2020
Billings Further Decline in April
The Architecture Billings Index score for April was 29.5, dropping another 3.8 points from the March score of 33.3.
“With the dramatic deceleration that we have seen in the economy since mid-March, it’s not surprising …
Dodge Momentum Index Stumbles in April
May 8, 2020
Commercial & Institutional Planning Down in April
The Dodge Momentum Index dropped by 6.0% in April, scoring 135.9. This was down from the revised March reading of 144.5.
Both the commercial and institutional components were down by 7.6% and 3.2% …
Architecture Billings See Record Decline in March
April 24, 2020
Pandemic Continues to Create Uncertainty Going Forward
The Architecture Billings Index score for March was 33.3, dropping a dramatic 20.1 points from the February score of 53.4.
“Though most architecture firms have made quick transitions to remote operations, the complete …