Archinect - News 2016-09-28T04:45:06-04:00 http://archinect.com/news/article/149969755/architecture-billings-index-in-august-dips-below-50-overall-outlook-reported-as-positive Architecture Billings Index in August dips below 50, overall outlook reported as positive Alexander Walter 2016-09-21T13:38:00-04:00 >2016-09-21T13:40:02-04:00 <img src="http://cdn.archinect.net/images/514x/no/novldair2rz9ru4a.jpg" width="514" height="354" border="0" title="" alt="" /><em><p>On the heels of six out of seven months of increasing levels of demand for design services, the Architecture Billings Index (ABI) fell just below the positive mark. [...] (AIA) reported the August ABI score was 49.7, down from the mark of 51.5 in the previous month. This score reflects a decrease in design services (any score above 50 indicates an increase in billings). The new projects inquiry index was 61.8, up sharply from a reading of 57.5 the previous month.</p></em><br /><br /><p><em>&ldquo;This is only the second month this year where demand for architectural services has declined and it is only by a fraction of a point,&rdquo; said AIA Chief Economist, Kermit Baker, Hon. AIA, PhD. &nbsp;&ldquo;Given the solid numbers for new design contracts and project inquiries, it doesn&rsquo;t appear that this is the beginning of a broader downturn in the design and construction industry.&rdquo;</em></p><p>The AIA reports these key ABI highlights for the month of August:</p><ul><li>Regional averages: South (55.2), Midwest (52.8), West (49.0), Northeast (44.9)</li><li>Sector index breakdown: mixed practice (51.8), multi-family residential (50.9), commercial / industrial (50.8), institutional (50.7)</li><li>Project inquiries index: 61.8</li><li>Design contracts index: 52.7</li></ul><p>The&nbsp;<a href="http://archinect.com/news/tag/4496/abi" rel="nofollow" target="_blank">ABI</a>&nbsp;in previous months on Archinect:</p><ul><li><a href="http://archinect.com/news/article/149963790/architecture-billings-index-in-july-remains-in-positive-terrain-but-higher-volatility-expected-due-to-u-s-presidential-election" rel="nofollow" target="_blank">Architecture Billings Index in July remains in positive terrain but higher volatility expected due to U.S. presidential election</a></li><li><a href="http://archinect.com/news/article/149958838/architecture-billings-index-in-june-positive-for-fifth-consecutive-month" rel="nofollow" target="_blank">Architecture Billings Index in June positive for fifth consecutive month</a></li><li><a href="http://archinect.com/news/article/149953248/architecture-billings-index-reaches-highest-score-in-nearly-a-year" rel="nofollow" target="_blank">Architecture Billings Index reaches highest score in...</a></li></ul> http://archinect.com/news/article/149963790/architecture-billings-index-in-july-remains-in-positive-terrain-but-higher-volatility-expected-due-to-u-s-presidential-election Architecture Billings Index in July remains in positive terrain but higher volatility expected due to U.S. presidential election Alexander Walter 2016-08-17T13:16:00-04:00 >2016-08-17T13:17:34-04:00 <img src="http://cdn.archinect.net/images/514x/rf/rf7icizmlzxgja0m.jpg" width="514" height="353" border="0" title="" alt="" /><em><p>The Architecture Billings Index (ABI) was positive in July for the sixth consecutive month, and tenth out of the last twelve months as demand across all project types continued to increase. &nbsp;[...] (AIA) reported the July ABI score was 51.5, down from the mark of 52.6 in the previous month. This score still reflects an increase in design services (any score above 50 indicates an increase in billings). &nbsp;The new projects inquiry index was 57.5, down from a reading of 58.6 the previous month.</p></em><br /><br /><p><em>&ldquo;The uncertainty surrounding the presidential election is causing some funding decisions regarding larger construction projects to be delayed or put on hold for the time being,&rdquo; said AIA Chief Economist, Kermit Baker, Hon. AIA, PhD. &nbsp;&ldquo;It&rsquo;s likely that these concerns will persist up until the election, and therefore we would expect higher levels of volatility in the design and construction sector in the months ahead.&rdquo;</em></p><p>Key ABI highlights for the month of July were reported by the AIA as:</p><ul><li>Regional averages: South (56.9), Midwest (50.1), Northeast (49.3), West (49.2)</li><li>Sector index breakdown: multi-family residential (55.2), institutional (50.7), mixed &nbsp; &nbsp; practice (50.5), commercial / industrial (50.3)</li><li>Project inquiries index: 57.5</li><li>Design contracts index: 51.8</li></ul><p>The&nbsp;<a href="http://archinect.com/news/tag/4496/abi" rel="nofollow" target="_blank">ABI</a>&nbsp;in previous months on Archinect:</p><ul><li><a href="http://archinect.com/news/article/149958838/architecture-billings-index-in-june-positive-for-fifth-consecutive-month" rel="nofollow" target="_blank">Architecture Billings Index in June positive for fifth consecutive month</a></li><li><a href="http://archinect.com/news/article/149953248/architecture-billings-index-reaches-highest-score-in-nearly-a-year" rel="nofollow" target="_blank">Architecture Billings Index reaches highest score in nearly a year</a></li><li><a href="http://archinect.com/news/article/149945983/architecture-billings-index-displays-continued-modest-growth-in-april" rel="nofollow" target="_blank">Architecture Billings Index displays continued modest growt...</a></li></ul> http://archinect.com/news/article/149958838/architecture-billings-index-in-june-positive-for-fifth-consecutive-month Architecture Billings Index in June positive for fifth consecutive month Alexander Walter 2016-07-20T13:08:00-04:00 >2016-08-08T14:16:08-04:00 <img src="http://cdn.archinect.net/images/514x/th/thatzpar592r4qf5.jpg" width="514" height="358" border="0" title="" alt="" /><em><p>Buoyed by increasing levels of demand across all project types, the Architecture Billings Index (ABI) was positive in June for the fifth consecutive month. [...] The American Institute of Architects (AIA) reported the June ABI score was 52.6, down from the mark of 53.1 in the previous month. This score still reflects an increase in design services (any score above 50 indicates an increase in billings). The new projects inquiry index was 58.6, down from a reading of 60.1 the previous month.</p></em><br /><br /><p>The AIA reports these key ABI highlights for the month of June:</p><ul><li>Regional averages: South (55.5), West (54.1), Northeast (51.8), Midwest (48.2)</li><li>Sector index breakdown: multi-family residential (57.9), institutional (52.7), mixed practice (51.0), commercial / industrial (50.3)</li><li>Project inquiries index: 58.6</li><li>Design contracts index: 49.7</li></ul><p>The&nbsp;<a href="http://archinect.com/news/tag/4496/abi" rel="nofollow" target="_blank">ABI</a>&nbsp;in previous months on Archinect:</p><ul><li><a href="http://archinect.com/news/article/149953248/architecture-billings-index-reaches-highest-score-in-nearly-a-year" rel="nofollow" target="_blank">Architecture Billings Index reaches highest score in nearly a year</a></li><li><a href="http://archinect.com/news/article/149945983/architecture-billings-index-displays-continued-modest-growth-in-april" rel="nofollow" target="_blank">Architecture Billings Index displays continued modest growth in April</a></li><li><a href="http://archinect.com/news/article/149941581/architecture-billings-index-concludes-first-quarter-on-continued-positive-note" rel="nofollow" target="_blank">Architecture Billings Index concludes first quarter on continued positive note</a></li></ul> http://archinect.com/news/article/149953248/architecture-billings-index-reaches-highest-score-in-nearly-a-year Architecture Billings Index reaches highest score in nearly a year Alexander Walter 2016-06-22T14:21:00-04:00 >2016-06-30T21:00:35-04:00 <img src="http://cdn.archinect.net/images/514x/o0/o0hik29wl1zyylep.jpg" width="514" height="359" border="0" title="" alt="" /><em><p>Led by a still active multi-family housing market and sustained by solid levels of demand for new commercial and retail properties, the Architecture Billings Index has accelerated to its highest score in nearly a year. [...] May ABI score was 53.1, up sharply from the mark of 50.6 in the previous month. This score reflects an increase in design services (any score above 50 indicates an increase in billings). The new projects inquiry index was 60.1, up from a reading of 56.9 the previous month.</p></em><br /><br /><p>The AIA states these key ABI highlights for the month of May:</p><ul><li>Regional averages: West (53.8), South (53.7), Northeast (51.2), Midwest (49.9)</li><li>Sector index breakdown: multi-family residential (53.7), institutional (53.0), commercial / industrial (51.0), mixed practice (51.0),</li><li>Project inquiries index: 60.1</li><li>Design contracts index: 52.8</li></ul><p>The&nbsp;<a href="http://archinect.com/news/tag/4496/abi" rel="nofollow" target="_blank">ABI</a>&nbsp;in previous months on Archinect:</p><ul><li><a href="http://archinect.com/news/article/149945983/architecture-billings-index-displays-continued-modest-growth-in-april" rel="nofollow" target="_blank">Architecture Billings Index displays continued modest growth in April</a></li><li><a href="http://archinect.com/news/article/149941581/architecture-billings-index-concludes-first-quarter-on-continued-positive-note" rel="nofollow" target="_blank">Architecture Billings Index concludes first quarter on continued positive note</a></li><li><a href="http://archinect.com/news/article/149936152/architecture-billings-index-slightly-up-in-february-at-50-3" rel="nofollow" target="_blank">Architecture Billings Index slightly up in February at 50.3</a></li></ul> http://archinect.com/news/article/149945983/architecture-billings-index-displays-continued-modest-growth-in-april Architecture Billings Index displays continued modest growth in April Alexander Walter 2016-05-18T12:22:00-04:00 >2016-05-20T23:48:11-04:00 <img src="http://cdn.archinect.net/images/514x/qu/qu4ds71foqxgjdm6.jpg" width="514" height="359" border="0" title="" alt="" /><em><p>After beginning the year with a decline, the Architecture Billings Index has posted three consecutive months of increasing demand for design activity at architecture firms. [...] (AIA) reported the April ABI score was 50.6, down from the mark of 51.9 in the previous month. This score still reflects an increase in design services (any score above 50 indicates an increase in billings). The new projects inquiry index was 56.9, down from a reading of 58.1 the previous month.</p></em><br /><br /><p>Key ABI highlights for the month of April were reported by the AIA as:</p><ul><li>Regional averages: South (52.2), Northeast (51.5), West (50.8), Midwest (50.8)</li><li>Sector index breakdown: multi-family residential (53.7), commercial / industrial (52.0), mixed practice (50.0), institutional (49.0)</li><li>Project inquiries index: 56.9</li><li>Design contracts index: 54.3</li></ul><p>The&nbsp;<a href="http://archinect.com/news/tag/4496/abi" rel="nofollow" target="_blank">ABI</a>&nbsp;in previous months on Archinect:</p><ul><li><a href="http://archinect.com/news/article/149941581/architecture-billings-index-concludes-first-quarter-on-continued-positive-note" rel="nofollow" target="_blank">Architecture Billings Index concludes first quarter on continued positive note</a></li><li><a href="http://archinect.com/news/article/149936152/architecture-billings-index-slightly-up-in-february-at-50-3" rel="nofollow" target="_blank">Architecture Billings Index slightly up in February at 50.3</a></li><li><a href="http://archinect.com/news/article/148346407/architecture-billings-index-begins-year-with-modest-dip-into-negative-terrain" rel="nofollow" target="_blank">Architecture Billings Index begins year with modest dip into negative terrain</a></li></ul> http://archinect.com/news/article/149941581/architecture-billings-index-concludes-first-quarter-on-continued-positive-note Architecture Billings Index concludes first quarter on continued positive note Alexander Walter 2016-04-20T12:41:00-04:00 >2016-05-04T23:07:44-04:00 <img src="http://cdn.archinect.net/images/514x/km/kmt6qcl1nfikl4xd.jpg" width="280" height="159" border="0" title="" alt="" /><em><p>The Architecture Billings Index reflects consecutive months of increasing demand for design activity at architecture firms. [...] The American Institute of Architects (AIA) reported the March ABI score was 51.9, up from the mark of 50.3 in the previous month. This score reflects an increase in design services (any score above 50 indicates an increase in billings). The new projects inquiry index was 58.1, down from a reading of 59.5 the previous month.</p></em><br /><br /><p>The AIA states these key ABI highlights for the month of March:</p><ul><li>Regional averages: South (52.4), Northeast (51.0), West (50.4), Midwest (49.8)</li><li>Sector index breakdown: multi-family residential (55.7), commercial / industrial (51.8), mixed practice (50.0), institutional (48.0)</li><li>Project inquiries index: 58.1</li><li>Design contracts index: 51.8</li></ul><p>The <a href="http://archinect.com/news/tag/4496/abi" rel="nofollow" target="_blank">ABI</a> in previous months on Archinect:</p><ul><li><a href="http://archinect.com/news/article/149936152/architecture-billings-index-slightly-up-in-february-at-50-3" rel="nofollow" target="_blank">Architecture Billings Index slightly up in February at 50.3</a></li><li><a href="http://archinect.com/news/article/148346407/architecture-billings-index-begins-year-with-modest-dip-into-negative-terrain" rel="nofollow" target="_blank">Architecture Billings Index begins year with modest dip into negative terrain</a></li><li><a href="http://archinect.com/news/article/146190281/architecture-billings-index-ends-the-year-in-positive-terrain-at-50-9" rel="nofollow" target="_blank">Architecture Billings Index ends the year in positive terrain at 50.9</a></li></ul> http://archinect.com/news/article/149936152/architecture-billings-index-slightly-up-in-february-at-50-3 Architecture Billings Index slightly up in February at 50.3 Alexander Walter 2016-03-23T12:30:00-04:00 >2016-04-08T00:53:22-04:00 <img src="http://cdn.archinect.net/images/514x/1a/1acrh9vo8h2o54du.jpg" width="514" height="355" border="0" title="" alt="" /><em><p>The Architecture Billings Index saw a dip into negative terrain for the first time in five months in January, but inched back up in February with a small increase in demand for design services... [AIA] reported the February ABI score was 50.3, up slightly from the mark of 49.6 in the previous month. This score reflects a minor increase in design services (any score above 50 indicates an increase in billings). The new projects inquiry index was 59.5, up from a reading of 55.3 the previous month.</p></em><br /><br /><p>Key highlights for the month of November were reported by the AIA as following:</p><ul><li>Regional averages: South (51.1), West (49.9), Northeast (49.5), Midwest (49.3)</li><li>Sector index breakdown: multi-family residential (53.0), commercial / industrial (52.3), institutional (48.1), mixed practice (47.7)</li><li>Project inquiries index: 59.5</li><li>Design contracts index: 51.7</li></ul><p>The <a href="http://archinect.com/news/tag/4496/abi" rel="nofollow" target="_blank">ABI</a> in previous months on Archinect:</p><ul><li><a href="http://archinect.com/news/article/148346407/architecture-billings-index-begins-year-with-modest-dip-into-negative-terrain" rel="nofollow" target="_blank">Architecture Billings Index begins year with modest dip into negative terrain</a></li><li><a href="http://archinect.com/news/article/146190281/architecture-billings-index-ends-the-year-in-positive-terrain-at-50-9" rel="nofollow" target="_blank">Architecture Billings Index ends the year in positive terrain at 50.9</a></li><li><a href="http://archinect.com/news/article/143509190/architecture-billings-index-in-november-dips-slightly" rel="nofollow" target="_blank">Architecture Billings Index in November dips slightly</a></li></ul> http://archinect.com/news/article/148346407/architecture-billings-index-begins-year-with-modest-dip-into-negative-terrain Architecture Billings Index begins year with modest dip into negative terrain Alexander Walter 2016-02-17T12:44:00-05:00 >2016-02-27T23:29:22-05:00 <img src="http://cdn.archinect.net/images/514x/uo/uogu3afz15e7ep77.jpg" width="514" height="355" border="0" title="" alt="" /><em><p>Following a generally positive performance in 2015, the Architecture Billings Index has begun this year modestly dipping back into negative terrain. [...] The American Institute of Architects (AIA) reported the January ABI score was 49.6, down slightly from the mark of 51.3 in the previous month. This score reflects a minor decrease in design services (any score above 50 indicates an increase in billings). The new projects inquiry index was 55.3, down from a reading of 60.5 the previous month.</p></em><br /><br /><p>The AIA states these key ABI highlights for the month of January:</p><ul><li>Regional averages: West (50.8), Northeast (50.4), South (50.3), Midwest (48.9)</li><li>Sector index breakdown: multi-family residential (51.9), commercial / industrial (50.5), institutional (49.9), mixed practice (49.0)</li><li>Project inquiries index: 55.3</li><li>Design contracts index: 50.9</li></ul><p>The <a href="http://archinect.com/news/tag/4496/abi" rel="nofollow" target="_blank">ABI</a> in previous months on Archinect:</p><ul><li><a href="http://archinect.com/news/article/146190281/architecture-billings-index-ends-the-year-in-positive-terrain-at-50-9" rel="nofollow" target="_blank">Architecture Billings Index ends the year in positive terrain at 50.9</a></li><li><a href="http://archinect.com/news/article/143509190/architecture-billings-index-in-november-dips-slightly" rel="nofollow" target="_blank">Architecture Billings Index in November dips slightly</a></li><li><a href="http://archinect.com/news/article/141359175/architecture-billings-index-in-october-still-showing-an-increase-in-design-services" rel="nofollow" target="_blank">Architecture Billings Index in October still showing an increase in design services</a></li></ul> http://archinect.com/news/article/146190281/architecture-billings-index-ends-the-year-in-positive-terrain-at-50-9 Architecture Billings Index ends the year in positive terrain at 50.9 Alexander Walter 2016-01-20T12:34:00-05:00 >2016-02-09T23:15:34-05:00 <img src="http://cdn.archinect.net/images/514x/ux/uxqwt46az99l8mfj.jpg" width="514" height="353" border="0" title="" alt="" /><em><p>There were a few occasions where demand for design services decreased from a month-to-month basis in 2015, but the Architecture Billings Index (ABI) concluded the year in positive terrain and was so in eight of the twelve months of the year. [...] (AIA) reported the December ABI score was 50.9, up from the mark of 49.3 in the previous month. This score reflects a slight increase in design services [...]. The new projects inquiry index was 60.2, up from a reading of 58.6 the previous month.</p></em><br /><br /><p>Key ABI highlights for the month of December were reported by the AIA as:</p><ul><li>Regional averages: West (53.7), South (53.3), Northeast (46.7), Midwest (46.1)</li><li>Sector index breakdown: multi-family residential (52.9), institutional (52.2), commercial / industrial (47.3), mixed practice (46.5)</li><li>Project inquiries index: 60.2</li><li>Design contracts index: 51.0</li></ul> http://archinect.com/news/article/143509190/architecture-billings-index-in-november-dips-slightly Architecture Billings Index in November dips slightly Alexander Walter 2015-12-16T11:46:00-05:00 >2015-12-16T11:47:56-05:00 <img src="http://cdn.archinect.net/images/514x/da/dat5l0nosbow1gyo.jpg" width="280" height="159" border="0" title="" alt="" /><em><p>As has been the case a few times already this year, the Architecture Billings Index (ABI) dipped in November. [...] The American Institute of Architects (AIA) reported the November ABI score was 49.3, down from the mark of 53.1 in the previous month. This score reflects a decrease in design services (any score above 50 indicates an increase in billings). The new projects inquiry index was 58.6, up just a nudge from a reading of 58.5 the previous month.</p></em><br /><br /><p>Key highlights for the month of November were reported by the AIA as following:</p><ul><li>Regional averages: South (55.4), West (54.5), Midwest (47.8), Northeast (46.2)</li><li>Sector index breakdown: multi-family residential (53.8), institutional (52.0), commercial / industrial (51.0), mixed practice (47.6)</li><li>Project inquiries index: 58.6</li><li>Design contracts index: 53.5</li></ul> http://archinect.com/news/article/141359175/architecture-billings-index-in-october-still-showing-an-increase-in-design-services Architecture Billings Index in October still showing an increase in design services Alexander Walter 2015-11-18T13:21:00-05:00 >2015-11-30T22:19:18-05:00 <img src="http://cdn.archinect.net/images/514x/ha/ha8h46cj4iy0n1tj.jpg" width="514" height="353" border="0" title="" alt="" /><em><p>The Architecture Billings Index (ABI) returned to positive territory after a slight dip in August, and has seen growth in six of the nine months of the year so far. [...] The American Institute of Architects (AIA) reported the September ABI score was 53.7, up from a mark of 49.1 in August. This score reflects an increase in design services (any score above 50 indicates an increase in billings). The new projects inquiry index was 61.0, down from a reading of 61.8 the previous month.</p></em><br /><br /><p>The AIA reports the following key ABI highlights for the month of October:</p><ul><li>Regional averages: South (56.2), West (54.4), Midwest (52.6), Northeast (49.2)</li><li>Sector index breakdown: commercial / industrial (55.1), mixed practice (54.9), multi-family residential (52.5), institutional (51.4)</li><li>Project inquiries index: 58.5</li><li>Design contracts index: 51.7</li></ul> http://archinect.com/news/article/139458472/architecture-billings-index-swings-back-robustly-in-september Architecture Billings Index swings back robustly in September Julia Ingalls 2015-10-21T13:04:00-04:00 >2015-10-24T20:42:47-04:00 <img src="http://cdn.archinect.net/images/514x/sl/sltc7xwlrzy3p7yu.jpg" width="514" height="353" border="0" title="" alt="" /><em><p>The American Institute of Architects (AIA) reported the September ABI score was 53.7, up from a mark of 49.1 in August. This score reflects an increase in design services (any score above 50 indicates an increase in billings).</p></em><br /><br /><p>Although the multi-family residential sector continues its eighth-month weak streak, the majority of sectors of the <a href="http://archinect.com/news/article/137334669/architecture-billings-index-retracts-slightly-in-august" rel="nofollow" target="_blank">Architecture Billings Index</a> showed signs of growth after a backpedaling August. According to&nbsp;AIA Chief Economist Kermit Baker, Hon. AIA, PhD, "a lack of a deep enough talent pool to keep up with demand" is an issue for the industry, meaning <a href="http://archinect.com/features/article/126437029/there-are-tons-of-architecture-job-openings-these-days-why-aren-t-you-hired-yet" rel="nofollow" target="_blank">the news is good for job-seekers</a>.&nbsp;</p><p><img title="" alt="" src="http://cdn.archinect.net/images/650x/ci/ciqt3labbaprudce.jpg"></p> http://archinect.com/news/article/137334669/architecture-billings-index-retracts-slightly-in-august Architecture Billings Index retracts slightly in August Alexander Walter 2015-09-23T12:41:00-04:00 >2015-09-29T00:37:08-04:00 <img src="http://cdn.archinect.net/images/514x/tp/tp15a591001ztn4q.jpg" width="362" height="206" border="0" title="" alt="" /><em><p>The Architecture Billings Index (ABI) slipped in August after showing mostly healthy business conditions so far this year. [...] The American Institute of Architects (AIA) reported the August ABI score was 49.1, down from a mark of 54.7 in July. This score reflects a slight decrease in design services (any score above 50 indicates an increase in billings). The new projects inquiry index was 61.8, down from a reading of 63.7 the previous month.</p></em><br /><br /><p>The AIA states these key ABI highlights for the month of August:</p><ul><li>Regional averages: Midwest (56.1), South (53.8), West (50.2) Northeast (46.8)</li><li>Sector index breakdown: institutional (53.7), mixed practice (52.8), commercial / industrial (49.7) multi-family residential (49.5)</li><li>Project inquiries index: 61.8</li><li>Design contracts index: 55.3</li></ul> http://archinect.com/news/article/134653690/architecture-billings-index-in-july-reflects-healthy-and-sustained-demand-for-design-services Architecture Billings Index in July reflects "healthy and sustained demand for design services" Alexander Walter 2015-08-19T16:00:00-04:00 >2015-08-26T18:44:52-04:00 <img src="http://cdn.archinect.net/images/514x/hj/hjbdq03znvejk6l3.jpg" width="278" height="158" border="0" title="" alt="" /><em><p>The Architecture Billings Index (ABI) is reflecting healthy and sustained demand for design services in nearly all nonresidential project types. [...] (AIA) reported the July ABI score was 54.7, down a point from a mark of 55.7 in June. This score still reflects an increase in design services (any score above 50 indicates an increase in billings). The new projects inquiry index was 63.7, up slightly from a reading of 63.4 the previous month.</p></em><br /><br /><p>The AIA summarizes these key ABI highlights for the month of July:</p><ul><li>Regional averages: Midwest (58.2), South (55.7), West (53.8) Northeast (53.5)</li><li>Sector index breakdown: institutional (57.3), mixed practice (56.8), commercial / industrial (53.4) multi-family residential (49.8)</li><li>Project inquiries index: 63.7</li><li>Design contracts index: 54.5</li></ul> http://archinect.com/news/article/132488419/increasing-demand-for-education-healthcare-and-government-buildings-bolsters-architectural-billings-index Increasing demand for education, healthcare, and government buildings bolsters Architectural Billings Index Julia Ingalls 2015-07-22T13:33:00-04:00 >2015-07-25T18:39:45-04:00 <img src="http://cdn.archinect.net/images/514x/oc/ocs2qp7hjah8ibt8.jpg" width="514" height="355" border="0" title="" alt="" /><p>According to the <a href="http://www.aia.org/press/releases/AIAB106918" rel="nofollow" target="_blank">AIA</a>, while the demand for multi-family housing has slowed, many other design sectors, especially those related to institutional facilities, have prompted a significant increase in the <a href="http://archinect.com/news/tag/107273/architecture-billings-index" rel="nofollow" target="_blank">architectural billings index</a>, from 51.9 in May to 55.7 in June. To provide perspective, the meaning of these figures is based on a median of 50.</p><p><img title="" alt="" src="http://cdn.archinect.net/images/514x/b2/b2zf8jvgwtf4uhg2.jpg"></p><p>A figure below 50 indicates a decline in average billings, while a figure above is a sign of expansion. The rapid uptick is echoed in the new projects inquiry index, which has currently rocketed to 63.4, up from 61.1 in May. Regionally, the Midwest is currently the hottest place for growth, with an average of 57.2, while the Northeast is trending gently upward with an ABI of 50.4.&nbsp;</p> http://archinect.com/news/article/130326849/architecture-billings-index-back-in-positive-terrain-in-may Architecture Billings Index back in positive terrain in May Alexander Walter 2015-06-24T12:26:00-04:00 >2015-07-04T22:27:55-04:00 <img src="http://cdn.archinect.net/images/514x/s1/s1a4mx0g688cav3l.jpg" width="514" height="358" border="0" title="" alt="" /><em><p>Led by growing demand for new schools, hospitals, cultural facilities and municipal buildings, the Architecture Billings Index (ABI) increased in May following its second monthly drop this year. [...] (AIA) reported the May ABI score was 51.9, up from a mark of 48.8 in April. This score reflects an increase in design services (any score above 50 indicates an increase in billings). The new projects inquiry index was 61.5, up from a reading of 60.1 the previous month.</p></em><br /><br /><!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd"> <html><head><meta></head></html> http://archinect.com/news/article/127637921/architecture-billings-index-in-april-stuck-in-winter-slowdown Architecture Billings Index in April "stuck in winter slowdown" Alexander Walter 2015-05-20T13:07:00-04:00 >2015-05-26T22:10:10-04:00 <img src="http://cdn.archinect.net/images/514x/hj/hjrr7cxjfybkceqn.jpg" width="514" height="354" border="0" title="" alt="" /><em><p>Riding a stretch of increasing levels of demand for thirteen out of the last fifteen months, the Architecture Billings Index (ABI) dropped in April for the second month this year. [...] (AIA) reported the April ABI score was 48.8, down sharply from a mark of 51.7 in March. This score reflects a decrease in design services (any score above 50 indicates an increase in billings). The new projects inquiry index was 60.1, up from a reading of 58.2 the previous month.</p></em><br /><br /><!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd"> <html><head><meta></head></html> http://archinect.com/news/article/125893513/architecture-billings-index-in-march-reportedly-accelerates Architecture Billings Index in March reportedly "accelerates" Alexander Walter 2015-04-22T12:16:00-04:00 >2015-04-23T01:18:56-04:00 <img src="http://cdn.archinect.net/images/514x/91/912q420dhq86bsc2.jpg" width="514" height="357" border="0" title="" alt="" /><em><p>For the second consecutive month, the Architecture Billings Index (ABI) indicated a modest increase in design activity in March. [...] The American Institute of Architects (AIA) reported the March ABI score was 51.7, up from a mark of 50.4 in February. This score reflects an increase in design services (any score above 50 indicates an increase in billings). The new projects inquiry index was 58.2, up from a reading of 56.6 the previous month.</p></em><br /><br /><!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd"> <html><head><meta></head></html> http://archinect.com/news/article/123197011/architecture-billings-index-in-february-shows-nominal-increase Architecture Billings Index in February shows "nominal increase" Alexander Walter 2015-03-18T12:46:00-04:00 >2015-03-24T00:07:26-04:00 <img src="http://cdn.archinect.net/images/514x/f6/f6tu7ildirh4yz5e.jpg" width="374" height="213" border="0" title="" alt="" /><em><p>After its first negative score in ten months, the Architecture Billings Index (ABI) showed a nominal increase in design activity in February, and has been positive ten out of the past twelve months. [...] The American Institute of Architects (AIA) reported the February ABI score was 50.4, up slightly from a mark of 49.9 in January. This score reflects a minor increase in design services [...]. The new projects inquiry index was 56.6, down from a reading of 58.7 the previous month.</p></em><br /><br /><!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd"> <html><head><meta></head></html> http://archinect.com/news/article/121043277/architecture-billings-index-in-january-reportedly-softens Architecture Billings Index in January reportedly "softens" Alexander Walter 2015-02-18T12:50:00-05:00 >2015-02-18T12:53:44-05:00 <img src="http://cdn.archinect.net/images/514x/vo/vojiniiu0umwyowy.jpg" width="514" height="354" border="0" title="" alt="" /><em><p>Following a nine-month stretch of positive billings, the Architecture Billings Index (ABI) showed no increase in design activity in January. [...] The American Institute of Architects (AIA) reported the January ABI score was 49.9, down from a mark of 52.7 in December. This score reflects a very modest decrease in design services (any score above 50 indicates an increase in billings). The new projects inquiry index was 58.7, down from the reading of 59.1 the previous month.</p></em><br /><br /><!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd"> <html><head><meta></head></html> http://archinect.com/news/article/118882877/aia-reports-architecture-billings-index-on-solid-footing AIA reports Architecture Billings Index "on Solid Footing" Alexander Walter 2015-01-21T12:13:00-05:00 >2015-01-23T18:22:18-05:00 <img src="http://cdn.archinect.net/images/514x/rq/rql1x83mspc6lr3u.jpg" width="514" height="405" border="0" title="" alt="" /><em><p>There were ten out of twelve months of increasing demand for design services in 2014, and the Architecture Billings Index (ABI) points to a healthy outlook for the nonresidential construction industry. [...] The American Institute of Architects (AIA) reported the December ABI score was 52.2, up from a mark of 50.9 in November. [...] The new projects inquiry index was 58.2, following a mark of 58.8 the previous month. Design contracts posted a mark of 49.9, after a 54.9 score in November.</p></em><br /><br /><!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd"> <html><head><meta></head></html> http://archinect.com/news/article/116190131/aia-reports-outlook-for-architecture-billings-index-remains-positive AIA reports outlook for Architecture Billings Index "remains positive" Alexander Walter 2014-12-17T13:07:00-05:00 >2014-12-17T13:08:18-05:00 <img src="http://cdn.archinect.net/images/514x/2a/2anu1ys9sfdoqai1.jpg" width="514" height="356" border="0" title="" alt="" /><em><p>Buoyed by sustained demand for apartments and condominiums, coupled with state and local governments moving ahead with delayed public projects, the Architecture Billings Index (ABI) has been positive for seven consecutive months. [...] (AIA) reported the November ABI score was 50.9, down from a mark of 53.7 in October. This score reflects a slight increase in design activity [...]. The new projects inquiry index was 58.8, following a mark of 62.7 the previous month.</p></em><br /><br /><!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd"> <html><head><meta></head></html> http://archinect.com/news/article/114037792/architecture-billings-index-shows-slower-expansion-in-october Architecture Billings Index shows slower expansion in October Archinect 2014-11-19T14:01:00-05:00 >2014-11-19T14:04:16-05:00 <img src="http://cdn.archinect.net/images/514x/7k/7kkx9jku04jbr0ps.jpg" width="514" height="354" border="0" title="" alt="" /><em><p>Headed by the continued strength in the multi-family residential market and the emerging growth for institutional projects, demand for design services continues to be healthy [...] The American Institute of Architects (AIA) reported the October ABI score was 53.7, down from a mark of 55.2 in September. This score reflects an increase in design activity (any score above 50 indicates an increase in billings). The new projects inquiry index was 62.7, following a mark of 64.8 the previous month.</p></em><br /><br /><!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd"> <html><head><meta></head></html> http://archinect.com/news/article/109713464/architecture-billings-index-exhibits-continued-strength-in-august Architecture Billings Index Exhibits Continued Strength in August Archinect 2014-09-24T12:36:00-04:00 >2014-09-24T21:22:25-04:00 <img src="http://cdn.archinect.net/images/514x/k8/k84nk0h3x1c51lh8.jpg" width="514" height="354" border="0" title="" alt="" /><em><p>On the heels of recording its strongest pace of growth since 2007, there continues to be an increasing level of demand for design services [...]. The American Institute of Architects (AIA) reported the August ABI score was 53.0, down from a mark of 55.8 in July. This score reflects an increase in design activity (any score above 50 indicates an increase in billings). The new projects inquiry index was 62.6, following a very strong mark of 66.0 the previous month.</p></em><br /><br /><!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd"> <html><head><meta></head></html> http://archinect.com/news/article/107040762/lawsuits-legos-and-landmarks-weekly-news-round-up-for-august-18-2014 Lawsuits, Legos and landmarks: Weekly News Round-Up for August 18, 2014 Amelia Taylor-Hochberg 2014-08-25T13:13:00-04:00 >2014-11-17T19:32:41-05:00 <img src="http://cdn.archinect.net/images/514x/l9/l9vl7n242h9ujwrt.jpg" width="514" height="323" border="0" title="" alt="" /><p><strong>Friday, August 22:</strong></p><ul><li><strong><a title="Zaha Hadid sues architecture critic Martin Filler over book review" href="http://archinect.com/news/article/107169286/zaha-hadid-sues-architecture-critic-martin-filler-over-book-review" rel="nofollow" target="_blank">Zaha Hadid sues architecture critic Martin Filler over book review</a></strong>: <a href="http://archinect.com/zaha-hadid" rel="nofollow" target="_blank">Hadid</a> is responding to allegedly defamatory comments made by Filler regarding her <a href="http://archinect.com/news/tag/134029/2022-world-cup-in-qatar" rel="nofollow" target="_blank">2022 World Cup stadium in Qatar</a>.</li><li><strong><a title="The Demolition of 5 Pointz Has Begun" href="http://archinect.com/news/article/107170089/the-demolition-of-5-pointz-has-begun" rel="nofollow" target="_blank">The Demolition of 5 Pointz Has Begun</a></strong>: The "Graffiti Mecca" was <a href="http://archinect.com/news/article/86311570/5-pointz-graffiti-mecca-in-long-island-city-faces-imminent-destruction" rel="nofollow" target="_blank">slated for demolition last November</a>, when the property owners' "broken window" theory justification beat out the artists' protests. <a href="http://archinect.com/news/article/105478813/new-renderings-of-what-will-replace-grafitti-art-mecca-5pointz-emerge" rel="nofollow" target="_blank">Two residential towers will be built in 5 Pointz's place</a>.</li><li><strong><a title="Study confirms LA is least affordable city for rentals in US" href="http://archinect.com/news/article/107185375/study-confirms-la-is-least-affordable-city-for-rentals-in-us" rel="nofollow" target="_blank">Study confirms LA is least affordable city for rentals in US</a></strong>: Depressing <a href="http://archinect.com/ucla" rel="nofollow" target="_blank">UCLA</a> study confirms that in the city with the highest proportion of renters in the country, the average renter spends nearly 47% of their income on rent. The news is part of&nbsp;a nearly fifty year old trend in the renting market.</li></ul><p><strong>Thursday, August 21:</strong></p><ul><li><strong><a title="Lego House in Billund, Denmark, begins construction by laying giant Lego brick&ndash;shaped foundation stones" href="http://archinect.com/news/article/107096998/lego-house-in-billund-denmark-begins-construction-by-laying-giant-lego-brick-shaped-foundation-stones" rel="nofollow" target="_blank">Lego House in Billund, Denmark, begins construction by laying giant Lego brick&ndash;shaped foundation stones</a></strong>: Even if <a href="http://archinect.com/firms/cover/39902/big-bjarke-ingels-group" rel="nofollow" target="_blank">BIG</a> hadn't designed it, Bjarke would have laid the first brick.</li><li><strong><a title="Istanbul's 'illegal' towers to be demolished after landmark court ruling" href="http://archinect.com/news/article/107097802/istanbul-s-illegal-towers-to-be-demolished-after-landmark-court-ruling" rel="nofollow" target="_blank">Istanbul's 'illegal' towers to be demolished after...</a></strong></li></ul> http://archinect.com/news/article/107015813/architecture-billings-index-increased-in-july-highest-mark-since-2007 Architecture Billings Index increased in July, "Highest Mark Since 2007" Archinect 2014-08-20T12:46:00-04:00 >2014-08-20T13:38:32-04:00 <img src="http://cdn.archinect.net/images/514x/2q/2q3y20hwtuf4qzuw.jpg" width="514" height="357" border="0" title="" alt="" /><em><p>The last three months have shown steadily increasing demand for design services and the Architecture Billings Index (ABI) is now at its highest level since 2007. [...] The American Institute of Architects (AIA) reported the July ABI score was 55.8, up noticeably from a mark of 53.5 in June. This score reflects an increase in design activity (any score above 50 indicates an increase in billings). The new projects inquiry index was 66.0, following a very strong mark of 66.4 the previous month.</p></em><br /><br /><!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd"> <html><head><meta></head></html> http://archinect.com/news/article/104964607/slums-siza-and-squatting-icymi-weekly-news-round-up-for-july-21-2014 Slums, Siza and squatting: ICYMI Weekly News Round-Up for July 21, 2014 Amelia Taylor-Hochberg 2014-07-28T14:45:00-04:00 >2014-07-29T18:47:20-04:00 <img src="http://cdn.archinect.net/images/514x/rz/rzfh9e19cqv22sx9.jpg" width="514" height="308" border="0" title="" alt="" /><p>In Case You Missed It, a look back at the major happenings from last week's News.</p><p><strong>Friday, July 25</strong></p><ul><li><a title="Families Removed From 'Tower of David' Skyscraper Slum" href="http://archinect.com/news/article/105014387/families-removed-from-tower-of-david-skyscraper-slum" rel="nofollow" target="_blank">Families Removed From 'Tower of David' Skyscraper Slum</a>: Venezuelans initially began living in the abandoned office towers in 2007, due to the country's burgeoning financial crisis. They are now being evicted by Caracas city officials, citing safety concerns in the 45-floor building.</li><li><p><a href="http://archinect.com/news/article/105016010/row-over-olympic-cauldron-design-settled-out-of-court" rel="nofollow" target="_blank">Row over Olympic cauldron design settled out of court</a>: Olympic officials settled with designers from <a href="http://atopiainnovation.com/" rel="nofollow" target="_blank">Atopia</a>, who claimed the cauldron design relied heavily on their ideas without citation. While Atopia's influence has been recognized, design of the cauldron is still credited to <a href="http://www.heatherwick.com/" rel="nofollow" target="_blank">Thomas Heatherwick</a>.</p></li></ul><p><strong>Thursday, July 24</strong></p><ul><li><a href="http://archinect.com/news/article/104955739/lvaro-siza-donates-his-architectural-archives-to-institutions-in-portugal-and-canada" rel="nofollow" target="_blank">&Aacute;lvaro Siza donates his architectural archives to institutions in Portugal and Canada</a>:&nbsp;The archive will be divided up between the Canadian Centre for Architecture (Montreal), the <a href="http://www.gulbenkian.pt/Institucional/en/Homepage" rel="nofollow" target="_blank">Funda&ccedil;&atilde;o Gulbenkian</a> in Lisbon and the <a href="http://www.serralves.pt/en/" rel="nofollow" target="_blank">Funda&ccedil;&atilde;o de Serralves</a> in Porto.</li><li><a href="http://archinect.com/news/article/104938794/can-a-frank-gehry-design-help-change-the-dynamic-of-watts" rel="nofollow" target="_blank">Can a Frank Gehry design help change the dynamic of Wat...</a></li></ul> http://archinect.com/news/article/104862448/architecture-billings-index-increased-in-june Architecture Billings Index increased in June Archinect 2014-07-23T13:19:00-04:00 >2014-07-23T13:19:18-04:00 <img src="http://cdn.archinect.net/images/514x/3z/3zslr8g7e3jeep4u.jpg" width="514" height="357" border="0" title="" alt="" /><em><p>The Architecture Billings Index (ABI) is signaling improving conditions for the overall design and construction industry. [...] The American Institute of Architects (AIA) reported the June ABI score was 53.5, up from a mark of 52.6 in May. This score reflects an increase in design activity (any score above 50 indicates an increase in billings). The new projects inquiry index was 66.4, up noticeably from the reading of 63.2 the previous month and its highest level in a calendar year.</p></em><br /><br /><!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd"> <html><head><meta></head></html> http://archinect.com/news/article/100170119/contraction-in-architecture-billings-index-continues Contraction in Architecture Billings Index Continues Archinect 2014-05-21T13:36:00-04:00 >2014-05-28T22:09:55-04:00 <img src="http://cdn.archinect.net/images/514x/bx/bxaus8gcjg582xqr.jpg" width="514" height="357" border="0" title="" alt="" /><em><p>The Architecture Billings Index (ABI) has reverted into negative territory for the last two months. [...] The American Institute of Architects (AIA) reported the [April] ABI score was 49.6, up slightly from a mark of 48.8 in March. This score reflects a decrease in design activity (any score above 50 indicates an increase in billings). The new projects inquiry index was 59.1, up from the reading of 57.9 the previous month.</p></em><br /><br /><!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd"> <html><head><meta></head></html> http://archinect.com/news/article/98550529/architecture-billings-index-indicated-contraction-in-march Architecture Billings Index indicated contraction in March Archinect 2014-04-23T12:57:00-04:00 >2014-04-28T20:04:40-04:00 <img src="http://cdn.archinect.net/images/514x/ch/chvnoavvvlzpgrkg.jpg" width="514" height="357" border="0" title="" alt="" /><em><p>The American Institute of Architects (AIA) reported the March ABI score was 48.8, down sharply from a mark of 50.7 in February. This score reflects a decrease in design services (any score above 50 indicates an increase in billings). The new projects inquiry index was 57.9, up from the reading of 56.8 the previous month.</p></em><br /><br /><!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd"> <html><head><meta></head></html>