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Category: Architecture Billings Index

Architecture billings continue to hold positive in 2018

Architecture billings continue to hold positive in 2018

Posted by | Mar 21, 2018 | 0 |

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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Design billings increasing entering height of construction season

Design billings increasing entering height of construction season

Posted by | Jun 1, 2017 | 0 |

“Probably even better news for the construction outlook is that new project work coming into architecture firms has seen exceptionally strong growth so far this year,” said AIA Chief Economist, Kermit Baker, Hon. AIA, PhD. “In fact, new project activity has pushed up project backlogs at architecture firm to their highest level since the design market began its recovery earlier this decade.”

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Further contraction in Architecture Billings Index

Further contraction in Architecture Billings Index

Posted by | Oct 21, 2016 | 0 |

For the first time since the summer of 2012, the Architecture Billings Index (ABI) posted consecutive months of a decline in demand for design services.  As a leading economic indicator of construction activity, the ABI reflects the approximate nine to twelve month lead time between architecture billings and construction spending. The American Institute of Architects (AIA) reported the September ABI score was 48.4, down from the mark of 49.7 in the previous month.

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Architecture Billings Index slips in August

Architecture Billings Index slips in August

Posted by | Sep 22, 2016 | 0 |

On the heels of six out of seven months of increasing levels of demand for design services, the Architecture Billings Index (ABI) fell just below the positive mark. As a leading economic indicator of construction activity, the ABI reflects the approximate nine to twelve month lead time between architecture billings and construction spending. The American Institute of Architects (AIA) reported the August ABI score was 49.7, down from the mark of 51.5 in the previous month. This score reflects a decrease in design services (any score above 50 indicates an increase in billings).  The new projects inquiry index was 61.8, up sharply from a reading of 57.5 the previous month.

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