ABI Shows Increase in Demand
May 19, 2021
Third Consecutive Month of Positive Billings
The Architecture Billings Index score for April was 57.9, gaining 2.3 points from the March reading.
“This recent acceleration in the demand for design services demonstrates that both consumers and businesses are feeling much more confident about the economic outlook,” said AIA Chief Economist Kermit Baker, PhD, Hon. AIA.
In April the Project Inquiries index was 70.8, up from 66.9 the previous month. The Design Contracts index was 61.7, up from 55.7. Both were record highs.
Regional averages for April were as follows:
| March | April | |
| West | 52.8 | 52.4 |
| South | 55.8 | 58.3 |
| Midwest | 56.5 | 60.6 |
| Northeast | 50.8 | 55.0 |
Baker added, “The pent-up demand for new and retrofitted facilities is keeping architecture firms in all regions and building sectors busy.”
DMI Posts 8.6% Gain
May 7, 2021
Institutional Planning Again Drives DMI Higher
The Dodge Momentum Index gained by 8.6% in April, moving to 162.4. This was up from the revised March reading of 149.5. The commercial component of the index was down 0.2%. The institutional component …
Construction Continues at Mixed-Use Complex “The Mitchell”
May 4, 2021
Rising High
After delays due to the COVID-19 pandemic, construction is now in full swing on the White Plains, NY project formerly named Broadstone White Plains.
Plans for the mixed-use development include two 15-story buildings and a six-story parking structure. …
Architectural Billings Strengthen in March
April 22, 2021
Architectural Billings Strengthen in March
The Architecture Billings Index score for February was 55.6, gaining 2.3 points from the February reading.
“As business activity at architecture firms moves sharply toward recovery, it is very encouraging to simultaneously see such positive …
Institutional Planning Drives DMI Higher In March
April 7, 2021
Institutional Planning Drives DMI Higher In March
The Dodge Momentum Index gained by 1.7% in February, moving to 151.4. This was up from the revised February reading of 148.8. The commercial component of the index was down 3.9%. The institutional …
Billings Positive After Year of Decline
March 24, 2021
Billings Positive After Year of Decline
The Architecture Billings Index score for February was 50.3, gaining 5.4 points from the January reading.
“Hopefully, this is the start of a more sustained recovery. It is possible that scores will continue to …
Residential Colleges at Vanderbilt University — A Case Study
March 17, 2021
Residential Colleges at Vanderbilt University — A Case Study
Vanderbilt University’s residential colleges stand as a testament to what can be accomplished when a bold vision and an uncompromising pursuit of excellence is brought to life through team-wide collaboration. Visit …
Dodge Momentum Index Gained In February
March 8, 2021
Dodge Momentum Index Gained In February
The Dodge Momentum Index gained by 7.1% in February, moving to 149.0. This was up from the revised January reading of 139.1. The commercial component of the index was up only 0.1% while the …
Billing Activity Still Contracting
March 1, 2021
Billing Activity Still Contracting
The Architecture Billings Index score for January was 44.9, gaining 2.6 points from the December reading.
“The broader economy entered a soft spot during the fourth quarter of last year, and business conditions at design firms …
Graham’s Aluminum Steel-Replica Window Shines Again
February 18, 2021
Historic Power Plant Becomes “The Battery”
Window installation at the Battery Project, along the Delaware river in Philadelphia, PA has begun. The windows are only part of a much larger effort to convert the abandoned Philadelphia Electric Company’s (PECO) …