Dodge Momentum Index Uneven In January
February 15, 2021
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Dodge Momentum Index Uneven In January
The Dodge Momentum Index gained 3.1% in January, moving to 139.4. This was up from the revised December reading of 135.2. The commercial component of the index was up 9.9%. The institutional component was down 11.7%.
Jan-21 | Dec-20 | % Change | |
Dodge Momentum Index | 139.4 | 135.2 | 3.1% |
Commercial Building | 184.5 | 167.9 | 9.9% |
Institutional Building | 83.5 | 94.6 | -11.7% |
Describing the asymmetry last month, Dodge Data & Analytics stated, “January’s increase marked the highest level in the Momentum Index since the COVID-19 pandemic began. While certainly positive news, the Momentum Index is also sending a warning that the construction sector’s recovery may be very uneven in the months ahead. Institutional planning hit its lowest level since the Momentum Index began in 2002 as state and local governments pull back on building plans in the wake of growing budget deficits. Conversely, commercial planning is at its highest level since before the Great Recession, fueled by an increasing number of warehouse projects and to a somewhat lesser degree office projects. On a year-over-year basis the overall Momentum Index is 2.2% below January 2020. The commercial component is up 12.3% year-over-year, while the institutional component is down 27.7%.”
Dodge Momentum Index Gains In December
January 8, 2021
Dodge Momentum Index Gains In December
The Dodge Momentum Index gained 9.2% in December, moving to 134.6. This was up from the revised November reading of 123.3. The commercial component of the index was up 14.0%. The institutional component was …
Billing Activity Contracts In November
December 16, 2020
Billing Activity Contracts In November
The Architecture Billings Index score for November was 46.3, dropping 1.2 points from the October reading.
“In previous design cycles, we typically haven’t seen a straight line back to growth after a downturn hits,” said …
An Iconic Venue Gets An Overhaul
December 10, 2020
An Iconic Venue Gets An Overhaul
Renovations for the University of Wisconsin-Madison Field House are nearly complete despite delays due to the current pandemic. The UW Field House is a multi-purpose arena adjacent to Camp Randall Stadium and home to …
Dodge Momentum Index Drops in November
December 7, 2020
DMI Down in November
The Dodge Momentum Index dropped 2.6% in November, moving to 123.3. This was down from the revised October reading of 126.5. The commercial component of the index was down 1.6%. The institutional component was down 4.4%.
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Billings Stalled in October
November 19, 2020
Pace of Decline Relatively Flat
The Architecture Billings Index score for October was 47.5, gaining just half a point from the September reading.
“Though still in negative territory, the moderating billings score along with the rebound in design contracts and …
Dodge Momentum Index Drops in October
November 9, 2020
DMI Drops in October
The Dodge Momentum Index dropped 1.8% in October, moving to 127.5. This was down from the revised September reading of 129.8. The commercial component of the index was down 4.4%. The institutional component was up 3.3%.
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Great Oaks Charter School — Bridgeport, CT
October 22, 2020
Revitalization Exhibits Graham’s Expertise
The former site of the American Graphophone Company in Bridgeport, CT has been transformed into a mixed-use facility combining a charter school with adjacent residential space.
In the early 20th century the site was home to …
ABI Gains in September
October 21, 2020
Pace of Billings Decline Slows
The Architecture Billings Index score for September was 47.0, gaining 7 points after remaining at 40.0 from June through August.
“Despite the multi-family residential sector showing signs of improvement, overall business conditions are recovering at …
Shinola Hotel Receives Metamorphosis Awards
October 8, 2020
Shinola Hotel Awarded
The Shinola Hotel in Detroit, MI has won two of Retrofit Magazine’s annual Metamorphosis Awards. The project was recognized in the “adaptive reuse” and “historic” categories, winning second place in both. Three other projects Graham was involved …