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 of Architects Chief Economist Kermit Baker, Hon. AIA, PhD.
The project inquiry index was 59.8. The design contracts index was 53.1. Neither moved a full point from their January scores.
Baker added, “firms in the south recorded continued strong design activity, likely reflecting a healthy regional economy and ongoing rebuilding from the catastrophic 2018 hurricane season.”
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 …
ABI Moves Up in November
December 26, 2018
Strongest Growth Since January
The Architecture Billings Index score for November was 54.7, up 4.3 points from October. This marked the fourteenth consecutive month of growth in billings.
“Despite some concerns about a potential economic downturn, architecture firms continue …
Dodge Momentum Index Higher in November
December 10, 2018
Commercial Activity Rebounds
The Dodge Momentum Index was 159.7 in November, rising 5.3% from the revised October reading of 151.7.
The commercial component drove the increase, surging 9.4%. Institutional activity was down slightly 0.6%.
Architecture Billings Positive But Slow in October
November 16, 2018
Southern Billings Decline After Hurricanes
Growth remained positive overall in October, though billings continued to slow.
The Architecture Billings Index (ABI) score for October was 50.4, down .7 points from 51.1 in September. Any score above 50 indicates growth …
DMI Retracts in October
November 9, 2018
Planning Declines for Third Consecutive Month
The Dodge Momentum Index was 150.5 in October, dropping 4.2% from the revised September reading of 157.0.
The commercial component dropped 4.9% and institutional activity was down 3.1%.
Commercial planning has led the …