Your source for construction industry news in the Carolinas
Architecture firm billings remained soft in April, with an AIA/Deltek Architecture Billings Index (ABI) score of 48.3 for the month. The score rose from 43.6 in March but still indicates that billings continue to decline at most architecture firms. While the value of newly signed design contracts dipped slightly in April, there remains interest from…
Demand for design services in May remained essentially flat in comparison to the previous month, according to a new report today from The American Institute of Architects (AIA). AIA’s Architecture Billings Index (ABI) score for May showed a small increase in design services at 50.2, which is slightly down from 50.5 in April. Any score…
More than one third of architecture firms report impacts on their projects from the recent tariffs Architecture firms reported that firm billings continued to grow in July, but the pace of growth slowed for the second month in a row. While any Architecture Billings Index (ABI) score over 50 indicates that firm billings are increasing,…
Firms report solid growth for seven straight months. The American Institute of Architects (AIA) is reporting today that architecture firm billings rose for the seventh consecutive month, with the pace of growth in April increasing modestly from March. Overall, the AIA’s Architecture Billings Index (ABI) score for April was 52.0 (any score over 50 is…
The American Institute of Architects (AIA) today reported that architecture firm billings rose for the sixth consecutive month in March, although the pace of growth slowed modestly from February. Overall, the AIA’s Architecture Billings Index (ABI) score for March was 51.0 (any score over 50 indicates billings growth), which still reflects a healthy business environment….
With all geographic regions and building project sectors showing positive conditions, there continues to be a heightened level of demand for design services signaled in the latest Architecture Billings Index (ABI). This is now the seventh consecutive month the ABI has reflected a growing demand for services. As a leading economic indicator of construction activity,…
For the sixth consecutive month, architecture firms reported increasing demand for design services as reflected in the July Architecture Billings Index (ABI). 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…
Design services at architecture firms continue to project a healthy disposition on the construction industry as the Architecture Billings Index (ABI) recorded the fourth consecutive month of growth. 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…
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 American Institute of Architects…
The Architectural Billings Index (ABI), a leading economic indicator of construction activity, ended the first quarter of 2017 on a positive note. The ABI reflects the approximate nine to twelve month lead time between architecture billings and construction spending. “The first quarter started out on uneasy footing, but fortunately ended on an upswing entering the traditionally busy…
