A new report from the American Institute of Architects (AIA) reports that demand for design services from U.S. architecture firms grew at an accelerated pace in August. The Architecture Billings Index (ABI) score for August 2022 increased to 53.3 from July’s score of 51.0, as firms report an increase in billings. Any score above 50 […]

The American Institute of Architects (AIA) has reported that architecture firms began 2022 with a slight improvement in business conditions. AIA’s Architecture Billings Index (ABI) score for January was 51.0. Scores over 50 indicate billings growth. Inquiries into new work and the value of new design contracts both remained strong with scores of 61.9 and […]

A new report from the American Institute of Architects (AIA) indicates architecture firms continued to report increasing demand for design services in September. The Architecture Billings Index (ABI) score for September was 56.6, which is up from August’s score of 55.6. Any score above 50 indicates an increase in billings from the prior month. In […]

After a subdued period led by supply chain issues and inflated pricing for materials, numerous indicators for home building and builder confidence rebounded in recent weeks, filing in with architectural billings. The Architecture Billings Index (ABI) recorded its seventh consecutive positive month, according to the American Institute of Architects (AIA). The ABI score for August […]

Two leading indicators for construction forecasting registered opposing measures last week—one pointing to a downturn in builder confidence, while the other indicates more construction projects could be on the way for multifamily. The National Association of Home Builders (NAHB) announced that builder confidence reached a 13-month low, according to the NAHB/Wells Fargo Housing Market Index […]

The American Institute of Architects (AIA) released a report this week that notes the demand for design services from architecture firms began to stabilize in June, following their peak declines in April. The AIA’s Architecture Billings Index (ABI) score for June was 40.0 compared to 32.0 in May. The May ABI score indicates that a […]