ABI Regional Averages  
IndustryOutlook  
West  
0.4  
Northeast  
5
51.0  
Midwest  
9.8  
ABI Finishes First  
4
South  
2.4  
5
Quarter in theincPreasoe insdesiigtnisevrvieces, as any score  
March 2015  
March 2016  
he Architecture Billings Index  
ABI) in March was 51.9,up from above 50 indicates an increase in billings.  
a mark of 50.3 in the previous  
The new projects inquiry index was  
month,according to theAmerican Insti- 58.1, down from a reading of 59.5 the  
tute of Architects (AIA). This reflects an previous month.  
ABI Score  
(
5
1.7  
New Projects Inquiry Score  
8.2 58.1  
51.9  
T
5
Momentum Index Dips for First Time in Four Months  
The Dodge Momentum Index fell 7 revised February reading of 126.4, The March decline follows three months  
percent in March to 117.4 from its according to Dodge Data & Analytics. of gains.  
The index has been volatile over the  
Dodge Momentum Index (Year 2000=100)  
last year, increasing in seven months  
and dropping in five. The March decline  
Feb.  
Mar.  
2016  
Mar.  
Mar.  
%
Change  
was due primarily to a 15-percent drop  
by institutional planning, while commer-  
cial planning fell less than one percent.  
Despite its retreat, institutional plan-  
ning activity is 7 percent above its level  
in March 2015, while commercial plan-  
ning is down 4 percent from last year.  
The overall index is essentially even with  
its year-ago level.  
2
016  
2015  
2016  
Dodge Momentum index  
Commercial building  
126.4  
117.4  
124.1  
109.1  
-7.1%  
-0.5%  
122.3  
134.2  
107.6  
117.4  
124.1  
109.1  
124.7  
128.4  
Institutional building  
-15.0%  
Source: Dodge Data & Analytics  
March Construction Eases Up One Percent  
At a seasonally-adjusted annual rate  
Monthly Construction Starts  
of $660.5 billion, new construction  
starts in March receded 1 percent  
from February’s pace, according to  
Dodge Data & Analytics. Total con-  
struction starts had jumped 13 per-  
cent in February.  
Seasonally adjusted annual rates, in millions of U.S. dollars  
% Change  
+23  
Feb. 2016  
$185,081  
284,336  
200,665  
March 2016  
$228,104  
292,028  
Nonresidential building  
Residential building  
Nonbuilding construction  
+3  
-30  
140,400  
During the first three months of Total construction  
016, total construction starts on an  
$582,261  
$605,961  
+4  
(
excluding electric utilities & gas plants)  
2
unadjusted basis were $141.7 billion,  
down 10 percent from the same pe-  
riod a year ago. If the volatile electric  
utility and gas plant category is ex-  
cluded, total construction starts on a  
seasonally adjusted basis in March  
would be up 4 percent from February,  
YeaUnr-atdoju-sdteadtteotaclos,ninsmtriluliocntsioofndoslltaarsrts  
3
Mos. 2015 3 Mos. 2016  
% Change  
-9  
+12  
Nonresidential building  
Residential building  
Nonbuilding construction  
$46,095  
56,815  
54,313  
$42,106  
63,603  
36,024  
-34  
while the year-to-date comparison on Total construction  
$157,223  
$141,733  
-10  
(
excluding electric utilities & gas plants)  
an unadjusted basis would show just  
a modest 4 percent decline.  
Source: Dodge Data & Analytics  
The March data produced a reading March came in higher than the 126 av- $228.1 billion (annual rate), strength-  
of 140 for the Dodge Index erage for the Dodge Index during the ening for the second month in a row  
(
2000=100), compared to a revised previous seven months. Nonresidential after February’s 5 percent gain. It  
1
42 for February. Both February and building in March climbed 23 percent to dropped 9 percent year-to-date. s  
4
4
USGlass, Metal & Glazing | May 2016  
www.usglassmag.com