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.

September October
West 45.6 50.4
South 43.7 45.8
Midwest 45.6 49.4
Northeast 41.5 44.9

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%.
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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%.
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