Architecture Billings See Record Decline in March
April 24, 2020
Pandemic Continues to Create Uncertainty Going Forward
The Architecture Billings Index score for March was 33.3, dropping a dramatic 20.1 points from the February score of 53.4.
“Though most architecture firms have made quick transitions to remote operations, the complete shutdown of business activity is severely impacting architects,” said AIA Chief Economist Kermit Baker, PhD, Hon. AIA.
The project inquiries index fell from 56.5 to 23.8. The design contracts index dropped from 52.0 to 27.1.
Baker added, “The dramatic pullback in new and ongoing design projects reflects just how quickly and fundamentally business conditions have changed across the country and around the world in the last month as a result of the COVID-19 pandemic.”
Dodge Momentum Index Down Slightly In March
April 17, 2020
Construction Planning Pulls Back in March
The Dodge Momentum Index dropped by only 0.6% in March, scoring 146.5. This was slightly down from the revised February score of 147.4.
Both the commercial and institutional components were down by 0.8% and …
Architecture Billings Increase In February
March 19, 2020
COVID-19 Creates Uncertainty Going Forward
The Architecture Billings Index score for February was 53.4, adding 1.2 to the January score of 52.2.
“Business conditions at architecture firms have been surprisingly positive so far this year. However, firms were just beginning …
DMI Retracts for Second Consecutive Month
March 9, 2020
Both DMI Components Down in February
The Dodge Momentum Index dropped by 1.8% in February, scoring 148.7. This was a loss of 2.7 points from the revised January score of 151.4.
Both the commercial and institutional components were down at …
ABI Posts Small Gain in January
February 24, 2020
Billings Remain Positive in January
The Architecture Billings Index score for January was 52.2, adding 0.1 to the revised December score of 52.1 in December.
“Despite the continued presence of volatility in the economy, design activity has begun to accelerate …
DMI Breaks Positive Streak in January
February 11, 2020
Institutional Planning Loses 11% in January
The Dodge Momentum Index dropped 2.7% in January, scoring 152.5. This was a loss of 4.2 points from the revised December score of 156.7, and broke a four-month streak of gains.
The commercial component …
Billings Positive in December
January 23, 2020
2019 Ends with Positive Billings
The Architecture Billings Index score for December was 52.5, up slightly from the November score of 51.9. Any score above 50 indicates an increase in billings.
Regionally, billings were in positive territory everywhere but the …
Dodge Momentum Index Up in December
January 10, 2020
Commercial & Institutional Planning Gained Last Month
The Dodge Momentum Index increased 1.5% in December, scoring 156.2. This was a gain of 2.3 points from the revised November score of 153.9.
Both the institutional and commercial components moved upward by …
Billings Remain Positive in November
December 19, 2019
ABI Shows Moderate Growth in November
The Architecture Billings Index score for November was 51.9, dropping only 0.1 point from the October score of 52.0. When the score is above 50 it indicates an increase in billings.
Regionally, billings were …
Dodge Momentum Index Moves Up in November
December 10, 2019
Institutional Planning Gains 6.5% in November
The Dodge Momentum Index increased 2.9% in November, scoring 155.3. This was a 4.4 point gain from the revised October score of 150.9.
The gain was led by a 6.5% increase in institutional planning …