Architectural Billings Strengthen in March
April 22, 2021
Architectural Billings Strengthen in March
The Architecture Billings Index score for February was 55.6, gaining 2.3 points from the February reading.
“As business activity at architecture firms moves sharply toward recovery, it is very encouraging to simultaneously see such positive indicators of future project work increasing in the pipeline,” said AIA Chief Economist Kermit Baker, PhD, Hon. AIA.
In March the project inquiries index was 66.9, up from 61.2 the previous month. The design contracts index was 55.7, up from 51.6.
Regional averages all made gains in March.
| February | March | |
| West | 49.5 | 52.8 |
| South | 52.4 | 55.8 |
| Midwest | 49.3 | 56.5 |
| Northeast | 46.9 | 50.8 |
Baker added, “The activity architecture firms are seeing is a positive bellwether not only for the construction outlook, but also for the larger economy.”
Institutional Planning Drives DMI Higher In March
April 7, 2021
Institutional Planning Drives DMI Higher In March
The Dodge Momentum Index gained by 1.7% in February, moving to 151.4. This was up from the revised February reading of 148.8. The commercial component of the index was down 3.9%. The institutional …
Billings Positive After Year of Decline
March 24, 2021
Billings Positive After Year of Decline
The Architecture Billings Index score for February was 50.3, gaining 5.4 points from the January reading.
“Hopefully, this is the start of a more sustained recovery. It is possible that scores will continue to …
Dodge Momentum Index Gained In February
March 8, 2021
Dodge Momentum Index Gained In February
The Dodge Momentum Index gained by 7.1% in February, moving to 149.0. This was up from the revised January reading of 139.1. The commercial component of the index was up only 0.1% while the …
Billing Activity Still Contracting
March 1, 2021
Billing Activity Still Contracting
The Architecture Billings Index score for January was 44.9, gaining 2.6 points from the December reading.
“The broader economy entered a soft spot during the fourth quarter of last year, and business conditions at design firms …
Dodge Momentum Index Uneven In January
February 15, 2021
Dodge Momentum Index Uneven In January
The Dodge Momentum Index gained 3.1% in January, moving to 139.4. This was up from the revised December reading of 135.2. The commercial component of the index was up 9.9%. The institutional component was …
Dodge Momentum Index Gains In December
January 8, 2021
Dodge Momentum Index Gains In December
The Dodge Momentum Index gained 9.2% in December, moving to 134.6. This was up from the revised November reading of 123.3. The commercial component of the index was up 14.0%. The institutional component was …
Billing Activity Contracts In November
December 16, 2020
Billing Activity Contracts In November
The Architecture Billings Index score for November was 46.3, dropping 1.2 points from the October reading.
“In previous design cycles, we typically haven’t seen a straight line back to growth after a downturn hits,” said …
Dodge Momentum Index Drops in November
December 7, 2020
DMI Down in November
The Dodge Momentum Index dropped 2.6% in November, moving to 123.3. This was down from the revised October reading of 126.5. The commercial component of the index was down 1.6%. The institutional component was down 4.4%.
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Billings Stalled in October
November 19, 2020
Pace of Decline Relatively Flat
The Architecture Billings Index score for October was 47.5, gaining just half a point from the September reading.
“Though still in negative territory, the moderating billings score along with the rebound in design contracts and …