Hurricane Season May Be Extremely Active
August 14, 2017
The National Oceanic and Atmospheric Administration (NOAA) this week updated its forecast for the 2017 hurricane season. The outlook is not particularly sunny.
NOAA is now saying the season “has the potential to be extremely active and could be the most active since 2010.” That year, NOAA forecast an 85 percent chance of an above-normal season and, in fact, there were 19 named storms and 12 hurricanes, including five major hurricanes.
In a “normal” season, NOAA would expect 12 named storms, six hurricanes, and three major hurricanes.
In May of this year, the NOAA team placed the likelihood of an above-average season at 45 percent. This week’s update ups the likelihood to 60 percent. If NOAA is correct, this would mark the second consecutive above-average season.
So it’s important to remember that Graham Architectural products is a recognized leader in the design and manufacture of hurricane-resistant windows. All of our window styles are available in hurricane-resistant versions, and our experienced engineers and highly knowledgeable staff make sure the job is done right and in compliance with project requirements.
Architectural Record recently published a Graham-sponsored AIA-accredited continuing education course, titled “Shelter from the Storm”. The course serves as a highly detailed introduction to hurricane-resistant windows and doors.
Volatility Continues With Dodge Momentum Index
August 8, 2017
The Dodge Momentum Index (DMI) dipped in July, just another hiccup after a series of advances.
Despite falling 3.3 percent in the month, the Index is 6.9 percent higher than it was a year ago.
The Dodge Momentum Index is a monthly measure of the first (or initial) report for nonresidential building projects in planning, …
Good Times Continue for U.S. Architecture Firms
July 20, 2017
In news that bodes well for the construction industry, U.S. architecture firms enjoyed a fifth consecutive month of increased demand for design services in June.
June’s reading of the Architecture Billings Index (ABI), a leading economic indicator of construction activity, came in at 54.2, up from May’s 53.0 and April’s 50.9. Any score above 50 …
Dodge Momentum Index Continues Its Advance
July 11, 2017
The Dodge Momentum Index advanced again in June, led by a 4.8 percent increase in the institutional component.
Overall, the Momentum Index crept up 1.1 percent to 141.1, from its revised May reading of 139.6. The Index is a monthly measure of the first (or initial) report for nonresidential building projects in planning. These reports …
Architecture Billings Index Continues Upward March
June 22, 2017
The Architecture Billings Index showed an increase in billings for the fourth consecutive month, bringing another boost in optimism to the architecture and construction industries.
The Index, reported by the American Institute of Architects, came in at 53 for May, up from April’s reading of 50.9.
Any score above 50 indicates an increase in billings …
Graham Sponsors Continuing Ed Course on Hurricane-Resistant Windows and Doors
June 14, 2017
A new AIA accredited continuing education course on hurricane-resistant windows and doors is now available online, courtesy of Graham Architectural Products.
The Graham-sponsored course, titled “Shelter from the Storm,” originally appeared in Architectural Record’s May, 2017 issue.
The course does a thorough job of explaining the stringent standards that hurricane-resistant windows and doors must satisfy, …
Dodge Momentum Index Registers May Jump
June 9, 2017
Led by a burst in the commercial component, the Dodge Momentum Index jumped 4 percent in May.
The Momentum Index is a monthly measure of the first (or initial) report for nonresidential building projects in planning. These have been shown to lead construction spending by 9 to 12 months.
May’s advance, coming on the heels …
More Good News on Economic Front
May 25, 2017
Demand for design services at the nation’s architecture firms continued to grow in April, although at a slower pace than in March.
The Architecture Billings Index (ABI) showed an increase in design revenue for April, marking its third consecutive month of growth. However, while April’s reading came in at 50.9 – any score above 50 …
Dodge Momentum Index Incurs Dip In April
May 8, 2017
An off month in the Institutional sector led to dip in the Dodge Momentum Index for April.
The Momentum Index is a monthly measure of the initial report for nonresidential building projects in planning. These reports have been shown to lead construction spending for nonresidential buildings by a full year.
The Index fell 5.1% in …
March ABI Fuels Industry Optimism
April 21, 2017
March provided additional reasons for optimism at architecture firms nationwide as the Architecture Billings Index (ABI) reflected an overall increase in billings, including a billings increase in all four regional averages.
The ABI provides an approximately nine- to 12-month glimpse into the future of architecture billings and non-residential construction spending, with any score above 50 …