Architecture Billings Soften in June

July 17, 2019

ABI: 10-Month & 10-Year Lows in June

The Architecture Billings Index dropped 1.1 point, moving from 50.2 to 49.1 for the month of June. A score below 50 indicates a decrease in billings.

“With billings declining or flat for the last five months, it appears that we are settling in for a period of soft demand for design services,” said AIA Chief Economist Kermit Baker, PhD, Hon. AIA.

The project inquiries index decreased from 56.2 to 52.8; the design contracts index lost only 0.6 points, landing at 50.3.

Baker added, “With the new design contracts score reaching a 10-month low and the project inquiries score hitting a 10-year low, work in the pipeline may start to get worked off, despite current robust backlogs.”

Dodge Momentum Index Moves Up in June

July 9, 2019

DMI Averages 4.3% Lower Than First Half of 2018

The Dodge Momentum Index rose 4.0% in June. Last month’s score was 146.1, up 5.6 points from the revised May reading of 140.5. The institutional component gained 6.1% while the …

Architecture Billings Anemic in May

June 21, 2019

Little Movement for ABI in May

Following a 2.7 point uptick in April, the ABI decreased by just 0.3 points, moving from 50.5 to 50.2 for the month of May. Despite the lower number, any score above 50 indicates …

Dodge Momentum Index Drops in May

June 7, 2019

Commercial Planning Down, Institutional Planning Up

The Dodge Momentum Index was lower last month following a retreat in April. The May score was 141.0, down 1.0% from the revised April score of 142.4.
Dodge Data & Analytics attributed the …

ABI Inches Back Into Positive Territory in April

May 23, 2019

Billings Increased Slightly Last Month

After dropping 2.5 points in March, the ABI rebounded by 2.7 points to land at 50.5 for the month of April.
“In contrast to 2018, conditions throughout the construction sector recently have become more …

DMI Nudges Upward in March

May 7, 2019

Activity Expected to Stay Close to Recent Levels

The Dodge Momentum Index saw a slight increase last month. The March score was 145.5, up 0.5% from the revised February score of 144.8.
The institutional component dropped by 3.0% while …

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 …

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 overall …

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 the …