Architecture Billings Soften in December
January 23, 2019
Tariffs & Government Shutdown Loom
The Architecture Billings Index score for December was 50.4, down 4.3 points from November. Despite the pullback this marked the fifteenth consecutive month of growth in billings.
“Given the concerns over the ongoing tariff situation, it is not surprising to see a bit of a slowdown in progress on current projects,” said American Institute of Architects Chief Economist Kermit Baker.
The project inquiry index was 55.6, down from the previous month’s score of 63.1. The design contracts index decreased 2.5 points to 52.1. Growth slowed across all sectors.
Baker added, “Growing anxiety over unstable business conditions and the partial shutdown of the government may lead to further softening in the coming months.”
Dodge Momentum Index Lowers in December
January 9, 2019
Year Closes with Drop in Commercial Planning
The Dodge Momentum Index was 151.9 in December, dropping 4.9% from the revised November reading of 159.7.
The decline was led by commercial activity, which dropped 7.6% from 176.1 to 162.7. …
ABI Moves Up in November
December 26, 2018
Strongest Growth Since January
The Architecture Billings Index score for November was 54.7, up 4.3 points from October. This marked the fourteenth consecutive month of growth in billings.
“Despite some concerns about a potential economic downturn, architecture firms continue …
Dodge Momentum Index Higher in November
December 10, 2018
Commercial Activity Rebounds
The Dodge Momentum Index was 159.7 in November, rising 5.3% from the revised October reading of 151.7.
The commercial component drove the increase, surging 9.4%. Institutional activity was down slightly 0.6%.
Architecture Billings Positive But Slow in October
November 16, 2018
Southern Billings Decline After Hurricanes
Growth remained positive overall in October, though billings continued to slow.
The Architecture Billings Index (ABI) score for October was 50.4, down .7 points from 51.1 in September. Any score above 50 indicates growth …
DMI Retracts in October
November 9, 2018
Planning Declines for Third Consecutive Month
The Dodge Momentum Index was 150.5 in October, dropping 4.2% from the revised September reading of 157.0.
The commercial component dropped 4.9% and institutional activity was down 3.1%.
Commercial planning has led the …
Architecture Billings Slow in September
October 24, 2018
Midwest and Southern activity lead in billings
While growth remained positive for the twelfth consecutive month, architecture billings slowed in September.
The Architecture Billings Index (ABI) score for September was 51.1, down 3.1 points from the previous month. Any …
Dodge Momentum Index Lower in September
October 8, 2018
Construction Activity Drops for Second Consecutive Month
The Dodge Momentum Index was 159.5 in September, dropping 2.6% from the revised August reading of 163.7.
The commercial component fell 4.3% and institutional activity was down 0.1%.
Despite the decline, …
August ABI Rebounds
September 20, 2018
Firms in the South Leading Growth
The Architecture Billings Index score for August was 54.2, up from July’s reading of 50.7. Any score above 50 indicates growth in billings.
“Billings at architecture firms in the South continue to …
DMI Declines in August
September 10, 2018
Index Dips on Reduced Commercial Activity
The Dodge Momentum Index fell in August to 164.1, a 2.9% drop from the revised July number of 169.0.
The commercial component, which rose 25% between January and July, declined 6.1% to …