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 Data & Analytics expressed caution, stating, “While the recession has ended and recovery underway, the return from one of the steepest downturns in U.S. history will be slow and fraught with risk. This holds true for the construction sector as well. While projects continue to enter planning, the slower pace suggests that recovery in the construction sector will be modest in coming months.”
Academic East Building – Bucknell University
June 25, 2020
Academic East Building – Bucknell University
Academic East, which opened for classes in August of 2019 is a center for high-tech innovation with 25 labs housing cutting-edge research equipment found in very few places in the world.
Graham supplied over …
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 …
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 …
Dodge Momentum Index Down Slightly In March
April 17, 2020
Construction Planning Pulls Back in March
The Dodge Momentum Index dropped by only 0.6% in March, scoring 146.5. This was slightly down from the revised February score of 147.4.
Both the commercial and institutional components were down by 0.8% and …
Architecture Billings Increase In February
March 19, 2020
COVID-19 Creates Uncertainty Going Forward
The Architecture Billings Index score for February was 53.4, adding 1.2 to the January score of 52.2.
“Business conditions at architecture firms have been surprisingly positive so far this year. However, firms were just beginning …
DMI Retracts for Second Consecutive Month
March 9, 2020
Both DMI Components Down in February
The Dodge Momentum Index dropped by 1.8% in February, scoring 148.7. This was a loss of 2.7 points from the revised January score of 151.4.
Both the commercial and institutional components were down at …