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August’s Architecture Billings Index drops slightly, driven by declines in multifamily and institutional contracts

Archinect

The value of new design contracts also dropped for the first time since April. Firms specializing in commercial/industrial projects, however, reported increases for the third month in a row. The multifamily market maintained its relatively poor performance, with the institutional sector likewise recording a decline.

Contract 290
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March Architecture Billings Index shows an increase for the first time since September

Archinect

New data from the American Institute of Architects' latest Architecture Billings Index (ABI) shows an increase for the month of March, ending a five-month streak of declines in spite of a slight decrease in the overall number of new contracts during the same 30-day period. The billings score for March increased to 50.4

Contract 246
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Architecture Billings Index in April continues strong growth momentum of architecture industry

Archinect

The latest economic data issued by the American Institute of Architects confirm the fifteenth consecutive month of growing demand in design services as reported by architecture firms across the U.S. The Architecture Billings Index for April moderated slightly to a score of 56.5 from a near-record 58.0

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Architecture Billings Index for April indicates slight decrease despite upticks in future project inquiries

Archinect

Firms did report, however, that new project inquiries increased to a score of 53.9, though most practices continued to report a decline in the value of new design contracts to a score of 49.8. April ABI Highlights Regional averages: Midwest (51.2); West (49.3); South (48.7); Northeast (47.2)

Project 246
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Architecture Billings Index in July remains in growth territory

Archinect

Demand for design services at architecture firms across the U.S. The Architecture Billings Index (ABI) reported a score of 51.0 In addition, both the new project inquiries and design contracts indexes moderated from June but remained strong with scores of 56.1 last month. respectively.

Contract 246
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Demand for design services continue to fall in December’s AIA Architecture Billings Index

Archinect

although new design contracts remained in negative territory with a score of 49.4. Inquiries into new projects continued to post a positive score of 52.3, December ABI Highlights Regional averages: South (48.8); Midwest (49.4); West (45.5); Northeast (46.5). “With ABI scores for the entire fourth.

Contract 246
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Architecture Billings Index in June continues growth as project backlog remains substantial

Archinect

The Architecture Billings Index (ABI) for June reached a score of 53.2, architecture industry. While new project inquiries and design contracts also dipped a bit compared to the previous month, they remained in growth territory and reported scores of 58.2 softening only slightly from May's score of 53.5 respectively.

Project 264