Architecture Billings End 25-Month Streak
April 17, 2019
ABI Negative in March
The Architecture Billings Index score for February was 47.8, down 2.5 points from the February score of 50.3. This marked the end of a two year run of positive billings.
“Though billings haven’t contracted in a while, it is important to note that it does follow on the heels of a particularly tough late winter period for much of the country,” said American Institute of Architects Chief Economist Kermit Baker, Hon. AIA, PhD.
Despite the overall score, the project inquiry and design contracts indexes remained positive in March at 59.9 and 50.8 respectively.
Baker added, “firms in the south recorded continued strong design activity, likely reflecting a healthy regional economy and ongoing rebuilding from the catastrophic 2018 hurricane season.”
Moderate Increase for March DMI
April 9, 2019
Momentum Pauses in March
The Dodge Momentum Index rose 0.5% in March, a slight gain from the previous month, led by a 2.8% increase in commercial activity. The institutional component of the index dropped 3.0% to 125.
The …
Growth Slows in February, Remains Positive
March 21, 2019
ABI Pulls Back in February
The Architecture Billings Index score for February was 50.3, losing 5 points from the January score of 55.3.
“Overall business conditions at architecture firms across the country have remained generally healthy,” said American Institute …
Dodge Momentum Index Drops in February
March 8, 2019
Activity Expected to Soften This Year
After losing ground in December only to largely reverse those losses the following month, the DMI dipped again in the second month of 2019.
The February score was 146.9, down 4.4% from …
Billings Growth Strong in January
February 20, 2019
ABI Starts the Year Strong
The Architecture Billings Index score for January was 55.3, rising 4.3 points from the revised December score of 51.0.
“The government shutdown affected architecture firms but doesn’t appear to have created a slowdown in …
DMI Rises in January
February 7, 2019
December Decline Largely Reversed
The Dodge Momentum Index was 157.7 in January, gaining 4.7% from the revised December reading of 150.6.
The gains were led by institutional activity, up 5.0% from 136.0 to 142.8. Commercial activity was up …
Architecture Billings Soften in December
January 23, 2019
Tariffs & Government Shutdown Loom
The Architecture Billings Index score for December was 50.4, down 4.3 points from November. Despite the pullback this marked the fifteenth consecutive month of growth in billings.
“Given the concerns over the ongoing tariff …
Dodge Momentum Index Lowers in December
January 9, 2019
Year Closes with Drop in Commercial Planning
The Dodge Momentum Index was 151.9 in December, dropping 4.9% from the revised November reading of 159.7.
The decline was led by commercial activity, which dropped 7.6% from 176.1 to 162.7. …
ABI Moves Up in November
December 26, 2018
Strongest Growth Since January
The Architecture Billings Index score for November was 54.7, up 4.3 points from October. This marked the fourteenth consecutive month of growth in billings.
“Despite some concerns about a potential economic downturn, architecture firms continue …
Graham Windows Adorn Detroit Renovation
December 12, 2018
Historic project puts Graham’s expertise on display
[Update: The Metropolitan Building has officially reopened as the Element Hotel. Read about the dedication ceremony and see photos of the building at Curbed.]
The Metropolitan Building has occupied the triangular lot …