Billings Index Sees Record Drop in March

Source: American Institute of Architects  Reflecting the deteriorating conditions in the overall economy, demand for design services from architecture firms recorded a record fall, according to a new report from The American Institute of Architects.  AIA’s Architecture Billings Index score of 33.3 for March reflects a decrease in design services provided by U.S. architecture firms (any score below 50 […]

Architecture Billings Index Shows Increase

Source: American Institute of Architects After beginning the year with a marginal decline, the Architecture Billings Index has posted three consecutive months of growth in design revenue at architecture firms. 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 […]

ABI Rebounds for February

Source: American Institute of Architects The Architecture Billings Index returned to growth mode in February, after a weak showing in January. As a leading economic indicator of construction activity, the ABI reflects the approximate 9-12 month lead time between architecture billings and construction spending. The American Institute of Architects (AIA) reported the February ABI score […]

ABI: Billings Flat to Start the Year

Source: American Institute of Architects Firms concerned about rising healthcare, technology costs Architecture firms reported that their billings were essentially flat to start off 2017. The ABI score of 49.5 for January indicates a very modest decline in firm billings, and is the first monthly decline since September. With lingering uncertainties about the new federal […]