Dodge Momentum Index Inches Forward In July
August 8, 2016
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The Dodge Momentum Index increased slightly during the month of July, marking the fourth consecutive month of increases and the first such four-month streak since 2014.
The Index is a monthly measure of the first (or initial) report for nonresidential building projects in planning. These reports have been shown to lead construction spending for nonresidential buildings by a full year.
July’s improved pace reflected slight jumps in both institutional and commercial planning.
According to Dodge, the recent rise in the Index from April through July “suggests that planning for construction projects is progressing, albeit in an uneven pattern, despite concerns over the subdued rate of economic growth.”
The report was encouraging, especially given July’s Bureau of Labor Statistics employment report, which showed construction hiring to be unchanged from June, and the Commerce Department report that construction spending fell for a third straight month. Experts told U.S. News and World Report that they are expecting the industry to rebound in the near term.
PPG Sells Assets of Flat Glass Business to Vitro
July 22, 2016
PPG yesterday announced that it is selling the assets of its flat glass manufacturing and glass coatings operations to Vitro, a Mexico-based manufacturer of flat glass and specialty products. The transaction is expected to close by the end of 2016.
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June’s Architecture Billings Index Portends Continued Construction Growth
July 21, 2016
In a report released this week, the American Institute of Architects reported that architecture firm billings increased in June for the fifth consecutive month.
The Architecture Billings Index (ABI), released monthly by the American Institute of Architects (AIA), reflected additional …
Graham Announces Additions to Team
July 15, 2016
Graham Architectural Products (GAP) is pleased to announce the addition of three members to its team: Lynne Kile, director of aluminum materials processing; Christine Gohn, accounting supervisor; and Marc Ferrante, strategic project assistant.
Lynne’s primary responsibilities will be to develop …
Graham’s Detailed Historic Replication Drives Firestone Project
July 12, 2016
Elizabeth Murphy is president of Chambers, Murphy & Burge Restoration Architects, Ltd., a firm dedicated solely to preservation and restoration. She is also past chair of the Advisory Group for the American Institute of Architects National Committee on Historic Resources.
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Construction Spending Shows Continued Strength
July 8, 2016
The Dodge Momentum Index jumped 11.2 percent in June, thanks to a 14.6 percent increase in institutional projects and a 7.7 percent increase in pending commercial projects. With the advance, the overall Index is now at its highest level since …
Graham’s Bill Wilder Addresses Window Symposium
July 7, 2016
Bill Wilder, Graham Architectural Product’s director of technical sales and a recognized expert on historic window replication, recently served as a guest speaker at the Traditional Building Conference Series Windows Symposium at the Chicago History Museum.
The Traditional Building Conference …
May Brings Solid Jump for Architecture Billings Index
June 29, 2016
The Architecture Billings Index (ABI) registered its highest score in nearly a year in May, reflecting improving conditions in the design and construction industries.
According to the American Institute of Architects, the monthly ABI “is a leading indicator for nonresidential …
Graham Supports United Way Day of Action
June 27, 2016
When the United Way asks for volunteers, Graham Architectural Products steps forward.
Each year, during the United Way’s Day of Action, Graham sends a team of generous volunteers, each one enabled by supervisors and managers who adjust plans and schedules …
Graham Architectural Products Announces Dramatic Enhancements to Engineering Department
June 21, 2016
As part of a significant commitment to add new engineering resources to our growing business and provide a clear succession plan for our engineering department, Graham Architectural Products announces the addition of Joe Cerminara as vice president of process engineering and Tuan …