Architecture firms reported increasing demand for design services in October 2021, according to The American Institute of Architects (AIA).
Architecture firms reported increasing demand for design services in October 2021, according to The American Institute of Architects (AIA).
The Dodge Momentum Index increased 10% in October to 181.2 (2000=100), from the revised September reading of 164.6.
Architecture firms continue to report increasing demand for design services in September, according to The American Institute of Architects (AIA).
Construction + Economy, Craig’s Lighting Articles
Newly released data tables from the Energy Information Administration’s 2018 Commercial Buildings Energy Consumption Survey (CBECS) provide building characteristics information for the estimated 5.9 million U.S. commercial buildings in 2018.
The Dodge Momentum Index gained 11% in September to 164.9 (2000=100) from the revised August reading of 148.0. The Momentum Index, issued by Dodge Construction Network, is a monthly measure of the initial report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year.
The Architecture Billings Index (ABI) recorded its seventh consecutive positive month in August 2021, according to The American Institute of Architects (AIA).
The Dodge Momentum Index dropped 3% in August to 148.7 from the revised July reading of 154.0. The commercial planning component lost 2% in August, while the institutional component fell by 6%.
The Architecture Billings Index (ABI) recorded its sixth consecutive positive month in July 2021, according to The American Institute of Architects (AIA).
The Dodge Momentum Index fell to 155.8 (2000=100) in July, a 6% decline from the revised June reading of 164.9. The Momentum Index, issued by Dodge Data & Analytics, is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year.
Pent-up demand from the pandemic is creating a general spending surge that is helping to improve the outlook on construction spending over the next two years, according to the American Institute of Architects (AIA).