Dodge Momentum Index Down 5% In June
July 9, 2021
Commercial & Institutional Planning Falter
The Dodge Momentum Index dropped 5% in June, moving to 165.8. This was down from the revised May reading of 175.1. The commercial component of the index lost 4.3% while the institutional component dropped 7.0%.
| Jun-21 | May-21 | % Change | |
| Dodge Momentum Index | 165.8 | 175.1 | -5.3% |
| Commercial Building | 190.5 | 199.0 | -4.3% |
| Institutional Building | 135.3 | 145.5 | -7.0% |
Despite the setback in June, the DMI remained at a 13-year high.
Describing market conditions, Dodge Data & Analytics stated, “Uncertain demand for some building types (such as retail and hotels), higher material prices, and continued labor shortages are weighing down new project planning. Even with June’s decline, however, the Momentum Index remains near a 13-year high and well above last year. Compared to a year earlier, both commercial and institutional planning were significantly higher than in June 2020 (39% and 46% respectively). Overall, the Momentum Index was 41% higher.”
Billings Continue to Rebound
June 29, 2021
ABI Hits All-Time High
The Architecture Billings Index score for May was 58.5, gaining a little over half a point from the April reading of 57.9.
“Despite ballooning costs for construction materials and delivery delays, design activity is roaring back …
Dodge Momentum Index Gains 9.1% In May
June 7, 2021
Commercial Planning Bounces Back In May 🙂
The Dodge Momentum Index gained by 9.1% in May, moving to 178.0. This was up from the revised April reading of 163.2. The commercial component of the index jumped by 15.5%. The institutional …
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 …
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 …
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 …
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 …