Dodge Momentum Index Drops 4% In November
December 7, 2021
Dodge Momentum Index Drops 4% In November
The Dodge Momentum Index fell 4% in November, moving to 171.7. This was down from the revised October score of 178.1. The commercial component of the index decreased 7.6% while the institutional component gained 5.3%.
| Nov-21 | Oct-21 | % Change | |
| Dodge Momentum Index | 171.7 | 178.1 | -3.6% |
| Commercial Building | 205.6 | 222.6 | -7.6% |
| Institutional Building | 129.6 | 123.1 | 5.3% |
On a year-to-year basis, the DMI was 44% higher than November of 2020. The commercial component was 45% higher and institutional planning was 41% higher.
Describing a “sawtooth pattern” of alternating gains and losses since the pandemic began, Dodge Data & Analytics stated, “Planning data continues to suggest a healthy level of construction to come in 2022. However, due to higher prices and shortages of labor, actual growth is expected to be modest. The new Omicron variant for COVID-19, and its potential impact on economic growth, highlights the tremendous uncertainly the construction sector will face over the coming year.”
For more information about the Dodge Momentum Index, visit the Dodge Data & Analytics website.
Billings Moderate in October, Still Strong
November 17, 2021
Billings Moderate in October, Still Strong
The Architecture Billings Index score for October was 54.3, down 2.3 points from the September reading of 56.6. However, since any score above 50 indicates growth, demand for architectural services was considered strong.
“Unlike …
Dodge Momentum Index Surges 10% In October
November 12, 2021
Dodge Momentum Index Surges 10% In October
The Dodge Momentum Index gained 10% in October, moving to 181.2. This was up from the revised September score of 164.6. The commercial component of the index increased 13.5% while the institutional component …
Billings Continued to Increase in September
October 21, 2021
Billings Continued to Increase in September
The Architecture Billings Index score for September was 56.6, up one point from the August reading of 55.6.
“The ABI scores over the last eight months continue to be among the highest ever seen …
Dodge Momentum Index Gains 11% In September
October 7, 2021
Dodge Momentum Index Gains 11% In September
The Dodge Momentum Index gained 11% in September, moving to 164.9. This was up from the revised August score of 148.0. The commercial component of the index jumped 13% while the institutional component …
Billings Increase in August
September 22, 2021
Billings Increase in August
The Architecture Billings Index score for August was 55.6, up from the July reading of 54.6.
“The surge in design activity continued in August, signifying an expected upturn in construction activity in the fourth quarter and …
DMI Drops for Third Consecutive Month
September 8, 2021
DMI Drops for Third Consecutive Month
The Dodge Momentum Index lowered 3% in August, dropping to 148.7. This was down from the revised July score of 154.0. The commercial component of the index lost 2% while the institutional component dropped …
DMI, Construction Starts Down in July
August 31, 2021
DMI Down 6%, Construction Starts 3%
The Dodge Momentum Index decreased 6% in July, dropping to 155.8. This was down from the revised June score of 164.9. The commercial component of the index lost 3.5% while the institutional component dropped …
ABI Down But Still Positive
August 19, 2021
Design Demand Continues
The Architecture Billings Index score for July was 54.6, dropping 2.5 points from the June reading of 57.1, though still showing an increase in billings as indicated by any score above 50.
“In prior business cycles, architecture …
Elevated Growth in June Despite Lower ABI
July 21, 2021
Billings Growth Continues
The Architecture Billings Index score for June was 57.1, dropping 1.4 points from the May reading of 58.5, though still showing an increase in billings as indicated by any score above 50.
“With the current pace of …