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 unsettled,” said AIA Chief Economist Kermit Baker.
The project inquiries and design contracts indexes made small gains of 1.1 and 1.3 points, landing at 60.9 and 52.1 respectively.
Baker added, “Though we may not be at a critical inflection point, the next several months of billing data will be indicative of the health of the industry going into 2020.”
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 …
Billings Growth Strong in January
February 20, 2019
ABI Starts the Year Strong
The Architecture Billings Index score for January was 55.3, rising 4.3 points from the revised December score of 51.0.
“The government shutdown affected architecture firms but doesn’t appear to have created a slowdown in …
DMI Rises in January
February 7, 2019
December Decline Largely Reversed
The Dodge Momentum Index was 157.7 in January, gaining 4.7% from the revised December reading of 150.6.
The gains were led by institutional activity, up 5.0% from 136.0 to 142.8. Commercial activity was up 4.6% …
Architecture Billings Soften in December
January 23, 2019
Tariffs & Government Shutdown Loom
The Architecture Billings Index score for December was 50.4, down 4.3 points from November. Despite the pullback this marked the fifteenth consecutive month of growth in billings.
“Given the concerns over the ongoing tariff …
Dodge Momentum Index Lowers in December
January 9, 2019
Year Closes with Drop in Commercial Planning
The Dodge Momentum Index was 151.9 in December, dropping 4.9% from the revised November reading of 159.7.
The decline was led by commercial activity, which dropped 7.6% from 176.1 to 162.7. Institutional …