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 inquiries provide some guarded optimism,” said AIA Chief Economist Kermit Baker, PhD, Hon. AIA.
In October the project inquiries index was 59.1, up from 57.2 the previous month. The design contracts index was 51.7, up from 48.9.
Regional averages all made gains in October.
Baker added, “The pace of recovery will continue to vary across regions and sectors.”
Dodge Momentum Index Drops in October
November 9, 2020
DMI Drops in October
The Dodge Momentum Index dropped 1.8% in October, moving to 127.5. This was down from the revised September reading of 129.8. The commercial component of the index was down 4.4%. The institutional component was up 3.3%.
ABI Gains in September
October 21, 2020
Pace of Billings Decline Slows
The Architecture Billings Index score for September was 47.0, gaining 7 points after remaining at 40.0 from June through August.
“Despite the multi-family residential sector showing signs of improvement, overall business conditions are recovering at …
Dodge Momentum Index Up in September
October 7, 2020
DMI Makes Gains In September
The Dodge Momentum Index gained 3.7% in September, moving to 130.8. This was up from the revised August reading of 126.2. The commercial component of the index was up 3.9%. The institutional component was up …
Architecture Billings Remain Stalled in August
September 23, 2020
ABI Unchanged in August
The Architecture Billings Index score for August remained at 40.0 as it was in July and June.
“Unfortunately, since the start of the COVID-19 pandemic, many architecture firms are finding fewer inquiries that convert to billable …
Dodge Momentum Index Posts Modest Gain
September 8, 2020
Institutional Planning Still Struggling
The Dodge Momentum Index gained 1.8% in August, moving to 126.5. This was up from the revised July reading of 124.2.
The commercial component of the index was up 3.3% while the institutional component lost 1.2%.
ABI Stalls in July
August 19, 2020
ABI Stalls in July
The Architecture Billings Index score for July remained at 40.0 as it was in June.
“It’s clear the pandemic continued to contribute to uncertainty in business conditions, especially as cases spiked in states across the country,” …
Dodge Momentum Index Up in July
August 7, 2020
DMI Increases for First Time in 2020
The Dodge Momentum Index rose by 3.4% in July, scoring 124.7. This was up from the revised June reading of 120.5.
The commercial component of the index was up 5.3% while the institutional …
Billings Negative But Stabilizing in May
July 23, 2020
Index Scores Show Signs of Stabilizing
The Architecture Billings Index score for June was 40.0, gaining 8 points from the May reading of 32.0.
“While business conditions remained soft at firms across the country, those with a multifamily residential specialization …
Dodge Momentum Index Drops in June
July 8, 2020
DMI Drops in June
The Dodge Momentum Index dropped by 6.6% in June, scoring 121.5. This was down from the revised May reading of 130.1.
The institutional and commercial components were both down, dropping by 11.7% and 3.5% respectively.