ABI Regional Averages  
IndustryOutlook  
West  
49.7  
Northeast  
47.3  
Architecture Billings  
Midwest  
6.8  
4
Index Bounces Back  
South  
3.7  
5
fter consecutive months of con- 50 indicates an increase in billings.  
tracting demand, the Architec- The new projects inquiry index was  
ture Billings Index (ABI) saw a 55.4, down sharply from 59.4 the pre-  
A
October 2016  
October 2017  
modest increase in October.The Amer- vious month.  
ABI Score  
ican Institute of Architects (AIA) re-  
As a leading economic indicator of  
ported the October ABI score was 50.8, construction activity, the ABI reflects  
5
0.8  
New Projects Inquiry Score  
5.4 60.2  
51.7  
up from 48.4 in the previous month.  
the approximate nine- to 12-month  
This score reflects a slight increase lead time between architecture bill-  
in design services, as any score above ings and construction spending.  
5
The Dodge MomenMtumomIndeexntwuithmOctIobnerdpeosxtingJuhemalthpy gsainisninOncotnoresbideenrtial building projects in  
climbed 13.2 percent to 130.9 in Oc- both sectors.  
planning, which have been shown  
tober. The increase nearly reversed  
The index is a monthly mea- to lead construction spending  
the decline of the past four months, sure of the first (or initial) report for for nonresidential buildings by a  
full year.  
From September to October, the  
Dodge Momentum Index (Year 2000=100)  
commercial portion of the Momentum  
Index advanced 16.8 percent, while  
the institutional portion grew 8.3 per-  
cent. On a year-over-year basis, the  
Momentum Index is now 6.1-percent  
higher, with the commercial portion up  
Sept.  
017  
Oct.  
2017 Change 2016  
%
Oct.  
Oct.  
2017  
2
Dodge Momentum index  
Commercial building  
115.6  
121.1  
108.9  
130.9  
141.4  
117.9  
13.2%  
16.8%  
8.3%  
132.7  
143.1  
119.8  
130.9  
141.4  
117.9  
5
.5 percent and the institutional por-  
Institutional building  
tion up 6.9 percent.  
Source: Dodge Data & Analytics  
New Constructions Starts Recede 9 Percent in October  
New construction starts in October  
dropped 9 percent to a seasonally ad-  
justed annual rate of $742.9 billion,  
pulling back after a 14-percent jump  
Monthly Construction Starts  
Seasonally adjusted annual rates, in millions of U.S. dollars  
Sept. 2017  
Oct. 2017  
% Change  
in September, according to Dodge Nonresidential building  
$370,443  
$299,289  
$147,721  
$817,453  
$258,720  
$295,949  
$188,216  
$742,885  
-30  
-1  
Data & Analytics.  
Residential building  
Nonbuilding construction  
Total construction  
Over the past two months, the pat-  
tern for total construction starts was  
shaped by nonresidential building,  
which was $258.7 billion (annual  
rate), down 30 percent in October  
after the 37 percent hike reported in  
September.  
+27  
-9  
YeaUrn-atdoju-dstaedtetotCalos,ninsmtriluliocntsioofndoSllatrasrts  
1
0 Mo. 2016 10 Mo. 2017  
% Change  
Nonresidential building  
Residential building  
$213,071  
$252,364  
$156,817  
$229,718  
$255,084  
$146,425  
+8  
+1  
-7  
For the first ten months of 2017,  
total construction starts on an unad-  
justed basis were $631.2 billion, up 1 Nonbuilding construction  
percent from the same period a year  
ago. The year-to-date gain for total  
construction was restrained by a 38-  
percent drop for the electric utility/gas  
plant category.  
Total construction  
$579,813  
$604,733  
+4  
(*excluding electric utilities/gas plants)  
Source: Dodge Data & Analytics  
October’s data lowered the Dodge a revised 173 for September, which was  
Index to 157 (2000=100), compared to the highest reading so far in 2017. s  
38  
USGlass, Metal & Glazing | December 2017  
www.usglassmag.com  

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