Your source for construction industry news in the Carolinas
WASHINGTON – Feb. 24, 2021 – A slight improvement in business conditions has led to fewer architecture firms reporting declining billings, according to a new report today from The American Institute of Architects (AIA). AIA’s Architecture Billings Index (ABI) score for January was 44.9* compared to 42.3 in December (any score below 50 indicates a…
WASHINGTON – Sept. 23, 2020 – Business conditions remained stalled at architecture firms during August as demand for design services continued to decline, according to a new report from the American Institute of Architects (AIA). The pace of decline during August remained at about the same level as in July and June, posting an Architecture Billings…
Architectural billings failed to show any progress during July, and business conditions continued to be soft at firms, according to a new report from the American Institute of Architects (AIA). The pace of decline during July remained at about the same level as in June with both months posting an ABI score of 40.0 (any…
WASHINGTON – May 20, 2020 – Demand for design services in April saw its steepest decline on record, according to a new report today from The American Institute of Architects (AIA). AIA’s Architecture Billings Index (ABI) score of 29.5 for April reflects a decrease in design services provided by U.S. architecture firms (any number below…
WASHINGTON – April 22, 2020 – Reflecting the deteriorating conditions in the overall economy, demand for design services from architecture firms recorded a record fall, according to a new report today from The American Institute of Architects (AIA). AIA’s Architecture Billings Index (ABI) score of 33.3 for March reflects a decrease in design services provided by…
Demand for design services in August took a markedly downward swing compared to July’s already soft score, according to a new report released today from The American Institute of Architects (AIA). AIA’s Architecture Billings Index (ABI) score of 47.2 in August showed a significant drop in architecture firm billings compared to the July score of…
Demand for design services in July remained essentially flat in comparison to the previous month, according to a new report released today from The American Institute of Architects (AIA). AIA’s Architecture Billings Index (ABI) score of 50.1 in July showed a small increase in design services since June, which was a score of 49.1. Any…
Following consistently increasing demand for design services for over two years, the Architecture Billings Index (ABI) dipped into negative territory in March, according to a new report today from The American Institute of Architects (AIA). The ABI score for March was 47.8, down from 50.3 in February. Indicators of work in the pipeline, including inquiries…
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,…
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…
