DMI Retracts in October
November 9, 2018
Planning Declines for Third Consecutive Month
The Dodge Momentum Index was 150.5 in October, dropping 4.2% from the revised September reading of 157.0.
The commercial component dropped 4.9% and institutional activity was down 3.1%.
Commercial planning has led the recent downturn, according to Dodge Data & Analytics, and is thought to be approaching a peak which will ease back over the coming year.
Architecture Billings Slow in September
October 24, 2018
Midwest and Southern activity lead in billings
While growth remained positive for the twelfth consecutive month, architecture billings slowed in September.
The Architecture Billings Index (ABI) score for September was 51.1, down 3.1 points from the previous month. Any …
Dodge Momentum Index Lower in September
October 8, 2018
Construction Activity Drops for Second Consecutive Month
The Dodge Momentum Index was 159.5 in September, dropping 2.6% from the revised August reading of 163.7.
The commercial component fell 4.3% and institutional activity was down 0.1%.
Despite the decline, the …
August ABI Rebounds
September 20, 2018
Firms in the South Leading Growth
The Architecture Billings Index score for August was 54.2, up from July’s reading of 50.7. Any score above 50 indicates growth in billings.
“Billings at architecture firms in the South continue to lead …
DMI Declines in August
September 10, 2018
Index Dips on Reduced Commercial Activity
The Dodge Momentum Index fell in August to 164.1, a 2.9% drop from the revised July number of 169.0.
The commercial component, which rose 25% between January and July, declined 6.1% to bring …
July Billings Index Positive Despite Dip
August 22, 2018
Firms in the South Strong
“Billings at architecture firms in the South remained robust in July, offsetting declining billings in other regions of the country,” said American Institute of Architects Chief Economist Kermit Baker, Hon. AIA, describing the recent …
Dodge Momentum Index Moves Higher in July
August 10, 2018
Commercial Projects Gaining
The Dodge Momentum Index moved higher overall in July, gaining 1.4% from the revised June reading to land at 169.8.
Commercial projects saw a boost of 3.3% while institutional projects dropped 1.5%.
A still-healthy real estate market …
Growth Dips in June Yet Remains Positive
July 20, 2018
Billings Stable Across Sectors
“Architects continue to see increases in demand for their services this summer, with new project work coming in at a healthy pace,” said American Institute of Architects Chief Economist Kermit Baker, Hon. AIA, describing the …
Dodge Momentum Index Gains in June
July 11, 2018
DMI Approaching Ten-Year High
June marked the fifth straight monthly increase for the Dodge Momentum Index, a measure of nonresidential construction projects in planning.
The commercial component rose 1.1% while the institutional component made a smaller 0.3% gain. Overall, the …
DMI Makes Slight Gain in May
June 20, 2018
The Dodge Momentum Index rose last month by 1.8% from the revised April reading of 164.9.
The index, a monthly measure of nonresidential construction planning, is an indicator of construction spending trends a year out.
The institutional component dropped by …