Dodge Momentum Index Up in September
October 7, 2020
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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 3.2%.
Sep-20 | Aug-20 | % Change | |
Dodge Momentum Index | 130.8 | 126.2 | 3.7% |
Commercial Building | 158.5 | 152.6 | 3.9% |
Institutional Building | 96.5 | 93.6 | 3.2% |
Describing the slow progress since the index reached a low in June, Dodge Data & Analytics stated, “The commercial side of the Momentum Index gained 7.4% in the third quarter led by a large number of warehouse projects entering planning as e-commerce retailers such as Amazon Inc. continue to push projects forward. Somewhat surprising is that office projects entering planning also posted a tepid gain despite concerns that office work is shifting to remote settings. The institutional component, however, lost ground in the third quarter; dropping 6.8%. Education projects have borne the brunt of this drop as state and local government revenues declined, creating the need for budget cuts across the country.”
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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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 …
Graham has a new brochure!
July 2, 2020
Schools & Universities
Graham has a new brochure showcasing projects we’ve completed in the education sector. Included are photos and details of our work with schools such as Stanford University, St. Louis University, University of Michigan, and more.
The brochure …
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 …