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 projects,” said AIA Chief Economist, Kermit Baker, Hon. AIA, PhD.
In August the project inquiries index was 51.6, up from 49.1. The design contracts index was 46.0, up from 41.7.
Regional averages made slight gains except in the Northeast.
| July | August | |
| West | 40.9 | 41.3 |
| South | 40.7 | 41.6 |
| Midwest | 40.1 | 41.7 |
| Northeast | 36.8 | 33.9 |
Baker added, “While fewer firms reported declining billings in August than during the early months of the COVID-19 pandemic, the fact that the score has been unchanged for the last three months shows that the recovery from this downturn is not progressing at the pace we had hoped to see.”
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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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.
Dodge …
Academic East Building – Bucknell University
June 25, 2020
Academic East Building – Bucknell University
Academic East, which opened for classes in August of 2019 is a center for high-tech innovation with 25 labs housing cutting-edge research equipment found in very few places in the world.
Graham supplied over …
Record Drop in Billings Moderates in May
June 24, 2020
Record Drop in Billings Moderates in May
The Architecture Billings Index score for May was 32.0, gaining 2.5 points from the April reading of 29.5.
“A large portion of the design and construction industry remains mired in steep cutbacks …
Dodge Momentum Index Flat in May
June 8, 2020
Construction Planning Essentially Flat in May
The Dodge Momentum Index dropped by just 0.1% in May, scoring 129.2. This was down from the revised April reading of 129.4.
Commercial planning gained 1% while institutional planning lost 1.9%.
Dodge Data & …
Architecture Billings Continue Pullback
May 20, 2020
Billings Further Decline in April
The Architecture Billings Index score for April was 29.5, dropping another 3.8 points from the March score of 33.3.
“With the dramatic deceleration that we have seen in the economy since mid-March, it’s not surprising …