ABI Regional Averages  
IndustryOutlook  
West  
51.3  
Northeast  
5
4.3  
Architecture Billings  
Extend Growth Streak  
Midwest  
52.5  
South  
5.7  
5
he latest Architecture Billings  
The August ABI was 53.7, up from  
Index (ABI) continues to signal a 51.9 in the previous month. This re-  
T
heightened level of demand for flects an increase in design services  
design services, with all geographic provided by U.S. architecture firms,  
regions and building project sectors as any score above 50 indicates an  
August 2016  
August 2017  
ABI Score  
showing positive conditions.  
increase in billings. The new projects  
The ABI reflects the approximate inquiry index was 62.5, up from 59.5  
nine- to 12-month lead time between the previous month, while the new de-  
architecture billings and construction sign contracts index eased somewhat  
49.7  
New Projects Inquiry Score  
1.8 62.5  
53.7  
6
spending.  
from 56.4 to 54.2.  
The Dodge MDomoendtumgInedexMfello2.4m8e.7n-petrcuenmt dropIinn tdheecoxmmDerciiapl sseienn a Asteeup rgiseuosvetr the past year  
percent in August to 129.1 (2000=100) component of the index, while the as large projects—particularly office  
from its revised July reading of 132.2.  
institutional category rose 7.3 per- buildings—entered the planning cycle.  
The decline can be attributed to an cent. The commercial component has The August retreat for the commercial  
segment brings planning activity back  
Dodge Momentum Index (Year 2000=100)  
to a more consistent level with a sus-  
tainable pace of development.  
July  
August  
2017  
August  
2016  
August  
2017  
%
Change  
2
017  
132.2  
144.2  
117.2  
The Momentum Index 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 nonres-  
idential buildings by a full year.  
Dodge Momentum index  
Commercial building  
129.1  
131.7  
125.8  
-2.4%  
-8.7%  
+7.3%  
134.8  
140.6  
127.7  
129.1  
131.7  
125.8  
Institutional building  
Source: Dodge Data & Analytics  
New conNstreucwtionsCsotarnts sintAruu- ction Starts Recede in August  
Monthly Construction Starts  
gust slipped 2 percent from July to  
a seasonally adjusted annual rate of  
Seasonally adjusted annual rates, in millions of U.S. dollars  
July 2017  
August 2017  
% Change  
$
711.6 billion, according to Dodge  
Data & Analytics. The decline followed Nonresidential building  
$234,725  
$294,972  
$197,154  
$726,851  
$268,332  
$293,433  
$149,838  
$711,603  
+14  
-1  
July’s 6-percent increase.  
Nonresidential building in August was  
Residential building  
Nonbuilding construction  
Total construction  
-24  
-2  
$268.3 billion (annual rate), a 14-per-  
cent gain that followed a 5-percent de-  
cline in July.  
YUenaard-jtuost-eddatottealsc, oinnmsiltlirounscotfioU.nS.sdtoallarrtss  
For the first eight months of 2017,  
total construction starts on an unad-  
justed basis were $481.7 billion, down 1  
percentfromthesameperiodayearago.  
The August data produced a  
8
Mos. 2016 8 Mos. 2017  
% Change  
Nonresidential building  
Residential building  
$159,551  
$201,573  
$126,212  
$451,725  
$168,276  
$202,892  
$110,569  
$459,937  
+5  
+1  
-12  
+2  
reading of 151 for the Dodge Index Nonbuilding construction  
(
reported in July.  
2000=100), compared to the 154  
Total construction*  
*excluding electric utilities/gas plants)  
(
Source: Dodge Data & Analytics  
The readings for the Dodge Index  
in July and August suggest that total partial rebound in the third quarter, negative impact from Hurricanes Har-  
construction starts are on track for a although September will reflect some vey and Irma. s  
36  
USGlass, Metal & Glazing | October 2017  
www.usglassmag.com  

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