AIA: Architecture firms face prolonged billing declines as 2026 looms
Architecture firms across the United States continued to grapple with weak billings in November, amid uncertain economic conditions, according to the AIA.
Architecture firms across the United States continued to grapple with weak billings in November, amid uncertain economic conditions, according to the AIA.
The Dodge Momentum Index (DMI) decreased 1% from October to November. However, it's up 36% year-to-date from the average reading over the same period in 2024, according to the latest data released by Dodge Construction Network.
Architecture firms reported a modest improvement in billings in October, though business conditions remained soft, according to the latest ABI report.
The Dodge Momentum Index (DMI) fell more than 7% in October, sliding for the first time in six months. Still, the index is up 35% year-to-date, according to the latest data released by Dodge Construction Network.
Architecture firms reported a cut in billings through September as business conditions waned, according to the latest Architecture Billings Index (ABI) release from the American Institute of Architects (AIA) and Deltek.
The Dodge Momentum Index (DMI) rose more than 3% in September, up for a fifth straight month. The index is now up 33% year-to-date, according to the latest data released by Dodge Construction Network.
Architecture firms reported a modest improvement in billings through August, yet business conditions remained soft, according to the latest Architecture Billings Index (ABI) release from the American Institute of Architects (AIA) and Deltek.
US nonresidential building starts fell 5.4% in August, to a seasonally adjusted annual rate of $431 billion, according to the latest data released by Dodge Construction Network.
The Dodge Momentum Index (DMI) rose 7.5% in August after jumping nearly 21% the month prior. The index is now up 30% year-to-date, according to the latest data released by Dodge Construction Network.
Construction spending edged down slightly in July for a third straight month.
The Architecture Billings Index (ABI), a leading indicator for non-residential construction activity, declined for an eighth straight month in June.
The Dodge Momentum Index (DMI) increased again in June, setting a record reading. The surprise result follows three months of little to no growth, according to the latest data released by Dodge Construction Network. Both institutional and commercial projects accelerated in June, further improving the nonresidential construction market. The May DMI rose to 225.1, a […]
Architecture firms reported a modest improvement in billings through May, yet business conditions remained soft, according to the latest Architecture Billings Index (ABI) release from the American Institute of Architects (AIA) and Deltek.
Following three months of little to no growth, the Dodge Momentum Index (DMI) increased in May, according to the latest data released by Dodge Construction Network
The index has fluctuated since reaching a record high in January to kickstart the year.
Architecture firms said billings continued to decline in March, according to the latest Architecture Billings Index (ABI) released by the American Institute of Architects (AIA) and Deltek.
The decline comes after reaching a record high in January to kickstart the year.
The Dodge Momentum Index (DMI) saw moderate growth in February after reaching a record high the month prior, according to the latest data released by Dodge Construction Network. The February DMI rose to 225.6, a 0.7% increase from January’s downwardly revised reading of 223.9 and 27% higher than levels one year prior. “Planning momentum moderated […]
Construction spending edged down slightly in January, slipping for the first time in four months. The US Census Bureau estimated spending at a seasonally adjusted annual rate of $2,196 billion in January, down 0.2% from December’s downward revised rate. The January figure is 3.3% higher than a year ago. January’s result, despite the slight erosion, […]
The Dodge Momentum Index (DMI) rose to a record high in January, according to the latest data released by Dodge Construction Network.
Architecture firms reported a sharp reduction in billings in December, according to the latest Architecture Billings Index (ABI) released by the American Institute of Architects (AIA) and Deltek.
Improved growth in data center planning and warehousing projects helped the Dodge Momentum Index (DMI) rebound in December.
Construction spending inched higher in November for a second straight month.
The November ABI decreased month over month but was still the third-highest reading of the past two years.
Architecture firms reported stable billings in October, according to the latest Architecture Billings Index (ABI) released by the American Institute of Architects (AIA) and Deltek. This follows 20 months of contracting business conditions.
Slowing growth in data center planning and nonresidential projects caused the Dodge Momentum Index (DMI) to pull back in October.
Construction spending in the US picked up in September and maintained a notable year-over-year (y/y) rise.
Architecture firms continued to experience soft business conditions through September, according to the latest Architecture Billings Index (ABI) release by the American Institute of Architects (AIA) and Deltek.
The construction sector added 25,000 jobs in September, driven by labor shortages and improved wages, according to data released by the US Bureau of Labor Statistics.
Slowing growth in data center planning caused the Dodge Momentum Index (DMI) to pull back in September. The decline followed five months of growth after the index hit a two-year low in March.