Billings Surge In March
April 22, 2022
Billings Surge In March
The Architecture Billings Index score for March was 58.0, gaining 6.7 points from the February register of 51.3. The Project Inquiries index was 63.9, up from 62.5. The Design Contracts index scored 60.5, up from 55.2.
“The spike in firm billings in March may reflect a desire to beat the continued interest rate hikes expected in the coming months,” said AIA Chief Economist Kermit Baker, PhD, Hon. AIA.
Regional averages for March, 2022:
| Feb | Mar | |
| West | 47.9 | 54.0 |
| South | 58.6 | 57.2 |
| Midwest | 53.2 | 56.2 |
| Northeast | 44.3 | 46.3 |
Sector index breakdown for March, 2022:
| Feb | Mar | |
| Commercial/industrial | 55.4 | 55.3 |
| Mixed practice | 53.8 | 58.2 |
| Multi-family residential | 52.6 | 57.2 |
| Institutional | 47.2 | 50.5 |
Baker continued, “However, since project backlogs at architecture firms have reached seven months, a new all-time high, it appears that firms are having a difficult time keeping up with this uptick in demand for design services.”
For more information about the Architectural Billings Index, visit the AIA website.
DMI Gains In March
April 8, 2022
DMI Gains In March
The Dodge Momentum Index grew 4% in March moving to 166.9. This was up from the revised February score of 160.3.
In contrast to February the gains were led by a rise in commercial planning. The …
Case Study: Hotel Drover — Fort Worth, TX
April 7, 2022
Case Study: Hotel Drover — Fort Worth, TX
Graham has a case study profiling our work with the Hotel Drover in Fort Worth, Texas. The luxury hotel had its grand opening last spring and utilizes Graham’s SR6700 Steel Replica windows …
New Photos of Graham’s Window Wall Solution
March 24, 2022
New Photos of Graham’s Window Wall Solution
Construction is nearing completion on the first phase of RXR Realty’s “26-28 Division Street” development in New Rochelle, New York. We’ve added some new photos to our gallery showing its recent progress.
The …
Billings Index Nudges Upward In February
March 23, 2022
Billings Index Nudges Upward In February
The Architecture Billings Index score for February was 51.3, up slightly from the January register of 51.0. Since any score above 50 indicates growth, demand for architectural services was considered positive. The January score …
DMI Rises After Months of Decline
March 9, 2022
DMI Rises After Months of Decline
Following three consecutive months of declination the Dodge Momentum Index gained 4% in February moving to 158.2. This was up from the revised January score of 151.9.
The commercial component of the index rose …
Billings Growth Continues
February 24, 2022
Billings Growth Continues
The Architecture Billings Index score for January remained at the revised December register of 51.0. Since any score above 50 indicates growth, demand for architectural services was considered positive.
“Architecture billings, while remaining at very healthy levels …
DMI Hits Four-Month Low in January
February 9, 2022
DMI Hits Four-Month Low in January
The Dodge Momentum Index fell 7% in January moving to 152.9. This was down from the revised December score of 163.7. The commercial component of the index lost 9% and the institutional component dropped …
Graham Architectural Products is Hiring!
January 31, 2022
Graham Architectural Products is Hiring!
Are you looking for an awesome place to work with great coworkers and great benefits? Apply today and discover the advantages of working for Graham:
A safe, comfortable, energized and rewarding …
Luxury Hotel in Fort Worth Shows Off Graham’s Steel Replica Window
January 20, 2022
Luxury Hotel in Fort Worth Shows Off Graham’s Steel Replica Window
The Drover Hotel, a combination of rustic western atmosphere and luxury accommodations, is a new addition to Fort Worth’s historic district. Graham’s popular steel replica window was the …