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Category: Reports and Stats

AAMA releases 2017/2018 market studies, offers forecast of fenestration industry trends

The American Architectural Manufacturers Association (AAMA) has released the “AAMA 2017/2018 Study of the U.S. Market for Windows, Doors and Skylights.” This bi-annual report delivers timely information on residential and non-residential market trends and product relationships for windows, doors, skylights, curtain walls and storefronts. Forecasts are based on projections of construction activity as of March 2018.

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Dodge Momentum Index Moves Higher in April

The Dodge Momentum Index jumped 6.1% in April to 163.0 (2000=100) from the revised March reading of 153.7. Over the last two months the commercial portion of the Momentum Index has posted the most aggressive growth, fueled by continued low vacancy rates for commercial buildings as well as the potential benefits from the tax cuts passed in December.

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March National Starts: Audio Commentary from Robert Murray

New construction starts in March increased 11% from the previous month to a seasonally adjusted annual rate of $785.2 billion, according to Dodge Data & Analytics. The substantial gain followed modest declines in January (down 2%) and February (down 3%), and brings the pace of total construction starts to the highest level over the past six months.

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Architecture billings remain positive in March

Overall, the AIA’s Architecture Billings Index (ABI) score for March was 51.0, which still reflects a healthy business environment. While business conditions softened somewhat at firms located in the Northeast region, billings remained strong at firms located in the South and West regions. “New project activity coming into architecture firms continues to grow at a solid pace. As a result, project backlogs—in excess of six months at present— are at their highest post-recession level,” said AIA Chief Economist Kermit Baker, Hon. AIA, PhD. “Business remains strong in the South and West, and firms with a residential specialization continue to set the pace.”

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National Construction Starts by Dodge Chief Economist Robert Murray

The February statistics produced a reading of 150 for the Dodge Index (2000=100), compared to 154 for January.  “The 152 average for the Dodge Index during the first two months of 2018 is the same as the 152 average reported for the fourth quarter of 2017, as the pace of construction starts viewed over several months seems to have leveled off,” stated Robert A. Murray, chief economist for Dodge Data & Analytics.  “What’s important to keep in mind is that the moderately subdued amount for total construction starts during the first two months of 2018 reflects diminished activity by public works and electric utilities, which given their inherent volatility are likely to bounce back over the next month or two.  Compared to last year’s fourth quarter, the first two months of 2018 have seen further increases for nonresidential building, helped by its institutional building segment, and residential building, helped by multifamily housing.  This suggests that the construction expansion, while slowing, is still in progress.”

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New Construction Starts in February Recede 3 Percent

The institutional categories as a group increased 5% in February, boosted by a 52% surge for new healthcare facilities.  There were six healthcare facilities valued each at $100 million or more entered as February starts, led by the $400 million Boston Children’s Clinical Building in Boston MA, the $320 million Prince George’s County Regional Hospital in Upper Marlboro MD, and the $180 million expansion to the University of Mississippi Medical Center Children’s Hospital in Jackson MS. 

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Architecture billings continue to hold positive in 2018

The AIA is reporting an increase in architecture firm billings for February from its Architecture Billings Index (ABI), with several key segments showing an encouraging outlook for 2018. While the pace of growth in design activity slowed a bit in February for an ABI score of 52.0 (any score over 50 indicates billings growth), it still reflects a healthy business environment. In particular, firms with a multifamily residential or an institutional specialization continued to report extremely strong billings.

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AAMA conference hosts expert on sustainability standards, certification in raw materials supply chains

During the American Architectural Manufacturers Association (AAMA) 2018 Annual Conference in Orlando, those in attendance heard from Dr. Fiona Solomon, CEO of the Aluminium Stewardship Initiative, on the topic of sustainability standards and certification in raw materials supply chains. Solomon focused on the role sustainability standards are playing in impacting sourcing and production across a range of natural resources sectors and more.

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New daylighting web page available on AAMA website

Daylighting information previously included as a fact sheet has been updated and posted as a web page by the American Architectural Manufacturers Association (AAMA). This daylighting-focused web page focused on daylighting and energy savings addresses key differences between fenestration products installed primarily vertically (windows, doors, curtain walls and storefronts) and those installed primarily overhead [skylights, roof windows and tubular daylighting devices (TDDs)] and their relation to daylighting and energy savings.

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Cradle to Cradle Certified products

The Cradle to Cradle program certifies products based on five quality categories—material health, material reutilization, renewable energy and carbon management, water stewardship, and social fairness. Click here to see a list of building supply & materials, as well as other products, that are Cradle to Cradle certified.

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