Architecture Billings Soften in June
July 17, 2019
ABI: 10-Month & 10-Year Lows in June
The Architecture Billings Index dropped 1.1 point, moving from 50.2 to 49.1 for the month of June. A score below 50 indicates a decrease in billings.
“With billings declining or flat for the last five months, it appears that we are settling in for a period of soft demand for design services,” said AIA Chief Economist Kermit Baker, PhD, Hon. AIA.
The project inquiries index decreased from 56.2 to 52.8; the design contracts index lost only 0.6 points, landing at 50.3.
Baker added, “With the new design contracts score reaching a 10-month low and the project inquiries score hitting a 10-year low, work in the pipeline may start to get worked off, despite current robust backlogs.”
Dodge Momentum Index Moves Up in June
July 9, 2019
DMI Averages 4.3% Lower Than First Half of 2018
The Dodge Momentum Index rose 4.0% in June. Last month’s score was 146.1, up 5.6 points from the revised May reading of 140.5. The institutional component gained 6.1% while the …
Architecture Billings Anemic in May
June 21, 2019
Little Movement for ABI in May
Following a 2.7 point uptick in April, the ABI decreased by just 0.3 points, moving from 50.5 to 50.2 for the month of May. Despite the lower number, any score above 50 indicates …
Dodge Momentum Index Drops in May
June 7, 2019
Commercial Planning Down, Institutional Planning Up
The Dodge Momentum Index was lower last month following a retreat in April. The May score was 141.0, down 1.0% from the revised April score of 142.4.
Dodge Data & Analytics attributed the …
ABI Inches Back Into Positive Territory in April
May 23, 2019
Billings Increased Slightly Last Month
After dropping 2.5 points in March, the ABI rebounded by 2.7 points to land at 50.5 for the month of April.
“In contrast to 2018, conditions throughout the construction sector recently have become more …
DMI Nudges Upward in March
May 7, 2019
Activity Expected to Stay Close to Recent Levels
The Dodge Momentum Index saw a slight increase last month. The March score was 145.5, up 0.5% from the revised February score of 144.8.
The institutional component dropped by 3.0% while …
Architecture Billings End 25-Month Streak
April 17, 2019
ABI Negative in March
The Architecture Billings Index score for February was 47.8, down 2.5 points from the February score of 50.3. This marked the end of a two year run of positive billings.
“Though billings haven’t contracted in …
Moderate Increase for March DMI
April 9, 2019
Momentum Pauses in March
The Dodge Momentum Index rose 0.5% in March, a slight gain from the previous month, led by a 2.8% increase in commercial activity. The institutional component of the index dropped 3.0% to 125.
The overall …
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 …