DMI Down in December, Gained In 2021
January 7, 2022
DMI Down in December, Gained In 2021
The Dodge Momentum Index dropped 3% in December moving to 166.4. This was down from the revised November score of 170.7. The commercial component of the index decreased 4% and the institutional component lost 1%.
| Dec-21 | Nov-21 | % Change | |
| Dodge Momentum Index | 166.4 | 170.7 | -2.5% |
| Commercial Building | 196.7 | 203.9 | -3.5% |
| Institutional Building | 128.9 | 129.7 | -0.6% |
Despite the “sawtooth pattern” of activity seen throughout 2021, the index increased 23% for the year with the commercial and institutional components reaching 13 and 14-year highs respectively.
Describing the outlook for 2022, Dodge Data & Analytics stated, “The signals provided by the Dodge Momentum Index continue to suggest that construction activity will improve in 2022 — and, more importantly, that this growth will be more balanced than what was seen in 2021. However, the ever-present risks of the pandemic and tight labor force will work to counter these trends, leading to moderate growth over the new year.”
For more information about the Dodge Momentum Index, visit the Dodge Data & Analytics website.
Billings Down in November, Still Positive
December 15, 2021
Billings Down in November, Still Positive
The Architecture Billings Index score for November was 51.0, down 3.3 points from the October reading of 54.3. Since any score above 50 indicates growth, demand for architectural services was considered positive.
“The period …
Dodge Momentum Index Drops 4% In November
December 7, 2021
Dodge Momentum Index Drops 4% In November
The Dodge Momentum Index fell 4% in November, moving to 171.7. This was down from the revised October score of 178.1. The commercial component of the index decreased 7.6% while the institutional component …
Billings Moderate in October, Still Strong
November 17, 2021
Billings Moderate in October, Still Strong
The Architecture Billings Index score for October was 54.3, down 2.3 points from the September reading of 56.6. However, since any score above 50 indicates growth, demand for architectural services was considered strong.
“Unlike …
Dodge Momentum Index Surges 10% In October
November 12, 2021
Dodge Momentum Index Surges 10% In October
The Dodge Momentum Index gained 10% in October, moving to 181.2. This was up from the revised September score of 164.6. The commercial component of the index increased 13.5% while the institutional component …
Billings Continued to Increase in September
October 21, 2021
Billings Continued to Increase in September
The Architecture Billings Index score for September was 56.6, up one point from the August reading of 55.6.
“The ABI scores over the last eight months continue to be among the highest ever seen …
Dodge Momentum Index Gains 11% In September
October 7, 2021
Dodge Momentum Index Gains 11% In September
The Dodge Momentum Index gained 11% in September, moving to 164.9. This was up from the revised August score of 148.0. The commercial component of the index jumped 13% while the institutional component …
Billings Increase in August
September 22, 2021
Billings Increase in August
The Architecture Billings Index score for August was 55.6, up from the July reading of 54.6.
“The surge in design activity continued in August, signifying an expected upturn in construction activity in the fourth quarter and …
DMI Drops for Third Consecutive Month
September 8, 2021
DMI Drops for Third Consecutive Month
The Dodge Momentum Index lowered 3% in August, dropping to 148.7. This was down from the revised July score of 154.0. The commercial component of the index lost 2% while the institutional component dropped …
DMI, Construction Starts Down in July
August 31, 2021
DMI Down 6%, Construction Starts 3%
The Dodge Momentum Index decreased 6% in July, dropping to 155.8. This was down from the revised June score of 164.9. The commercial component of the index lost 3.5% while the institutional component dropped …