DMI Climbs in April
May 7, 2018
Dodge Momentum Index Shows Momentum
Both the commercial and institutional components of the DMI moved higher in April, pushing the overall rating up 6.1% from the revised March reading of 153.7.
The commercial component was up 6.3%, rising quicker than the institutional at 5.8%.
First Quarter Closes with ABI Growth
April 19, 2018
Project Backlogs Highest Since Recession
“New project activity coming into architecture firms continues to grow at a solid pace. As a result, project backlogs—in excess of six months at present— are at their highest post-recession level,” said American Institute …
Dodge Momentum Index Gains in March
April 9, 2018
DMI Rises 6.1% in March
The Dodge Momentum Index rose 6.1% to 155 last month, erasing a decline in February.
Commercial projects were up 9.6%, with a more modest 1.6% increase in the institutional sector.
Architectural Billings Holding Positive
March 21, 2018
Billings Strong in West/Midwest
“We remain optimistic about the trends we’re seeing at architecture firms this year with the ABI continuing to show growth in February,” said American Institute of Architects Chief Economist Kermit Baker, Hon. AIA, describing the …
Modest Rise for Dodge Momentum Index in February
March 7, 2018
DMI Makes Slight Gain in February
The Dodge Momentum Index saw a tepid rise in February to 146.9, 0.5% up from January.
The commercial component of the index declined for the second consecutive month, contracting 4.8%. The institutional component …
Architecture Billings Start Year on Strong Note
February 21, 2018
Optimistic Outlook for 1st Quarter
“With strong billings and healthy growth in new projects to start the year, firms remain generally optimistic about business conditions for the next several months,” said American Institute of Architects Chief Economist Kermit Baker, …
DMI Down in January, Outlook Still Positive
February 7, 2018
DMI Drops 5.1% in January
After a strong 4th quarter in 2017, The Dodge Momentum Index began 2018 with a dip, landing at 143.7, a 5.1% drop from December’s reading of 151.5. According to Dodge Analytics, five projects valued at …
Architecture Billings End Year on Positive Note
January 24, 2018
2018 Construction Activity on Good Footing
“The overall strength of the fourth quarter lays a good foundation for healthy growth in construction activity in 2018,” said American Institute of Architects Chief Economist Kermit Baker, Hon. AIA, describing the release …
Momentum Index Ends 2017 on a High Note
January 9, 2018
DMI Ends Year with a Bang
An 8.6 percent jump in the institutional component led the Dodge Momentum Index to a 3.6 percent gain in December, allowing the Index to finish the year up 10.7 percent.
The Momentum Index is …
ABI Portends Strong Start to 2018
December 21, 2017
2018 Construction Forecast Solid
“The construction industry continues to show surprising momentum heading into 2018,” said American Institute of Architects Chief Economist Kermit Baker, Hon. AIA, following the most recent release of the Architecture Billings Index (ABI).
The ABI’s …