
ABI September 2023: Architecture Firm Billings Decline Sharply
Business conditions at architecture firms deteriorated in September. The AIA/Deltek Architecture Billings Index (ABI) score of 44.8 for the month is the lowest score reported since December 2020 during the height of the pandemic and indicates that the share of firms reporting declining billings has significantly increased. In addition, the value of newly-signed design contracts…