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 the overall reading down.

The institutional component has seen a more modest 11% rise between those months and gained 2.5% in August.

Despite decreased commercial planning last month, Dodge Data & Analytics said commercial activity “remains positive fueled by strong economic growth and still-healthy real estate fundamentals.”

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 …

Architecture Billings Healthy in April

May 25, 2018

Business Conditions Remain Strong in the West
The Architecture Billings Index rose for the seventh consecutive month in April, making modest gains from the previous month. The April ABI score was 52.0 (any score over 50 indicates billings growth).
Activity …

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 …

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.