Tag: nonresidential

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.

Construction spending in the US declined for a third month in August but showed an increase year over year (y/y). The US Census Bureau estimated construction spending to be $2.131 trillion in August on a seasonally adjusted annual rate (SAAR). While this was 0.1% below July’s revised spending rate, it was 4.1% higher than spending […]

The August Architecture Billings Index (ABI) continued to indicate weak business conditions amongst architecture firms through August, according to the American Institute of Architects (AIA) and Deltek.

Commercial planning momentum continues to drive the Dodge Momentum Index (DMI) higher, pushing August up to a 21-month high.

Construction spending in the US in July was slightly lower than June. Despite the decline, it increased notably year on year (y/y).

The latest figures show a 17% surge over year-ago levels and the best mark since December 2022.

The Architecture Billings Index (ABI) ticked up in June following May’s four-year low, according to the American Institute of Architects (AIA) and Deltek. While the index improved this month, it continues to indicate weak business conditions among architecture firms.

Commercial planning, specifically data center demand, drove the Dodge Momentum Index (DMI) higher in June. The DMI registered 198.6 last month, 10.4% above May’s revised reading of 179.9, Dodge Construction Network (DCN) reported on Tuesday. This is also a 7% boost over year-ago levels.  The DMI tracks the value of nonresidential construction projects entering the […]

The Index continues to indicate weak business conditions amongst architecture firms.

Nucor plans to add a new rebar fabrication facility adjacent to its new micro-mill in North Carolina.

Interest rate stability and growing owner and developer confidence helped push the Dodge Momentum Index (DMI) higher in May.

The Architecture Billings Index (ABI) from the American Institute of Architects (AIA) and Deltek indicated architecture firm billings remained soft through April

Stelco reported a positive start to 2024 in its first-quarter earnings report on Thursday. And with steady demand and a stable market, the Canadian flat-rolled steelmaker is optimistic for the remainder of the year.

A surge in data center project planning pushed the Dodge Momentum Index (DMI), a leading indicator for the nonresidential construction sector, higher in April.