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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. — aia.org
The AIA summarizes these key ABI highlights for the month of July:Regional averages: Midwest (58.2), South (55.7), West (53.8) Northeast (53.5)Sector index breakdown: institutional (57.3), mixed practice (56.8), commercial / industrial (53.4) multi-family residential (49.8)Project inquiries index... View full entry
According to the AIA, 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 architectural billings index, from 51.9 in May to 55.7 in June. To provide perspective, the... View full entry
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. — calculatedriskblog.com
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. — calculatedriskblog.com
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. — calculatedriskblog.com
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. — aia.org
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. — calculatedriskblog.com
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. — aia.org
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. — calculatedriskblog.com
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. — calculatedriskblog.com
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. — calculatedriskblog.com
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. — calculatedriskblog.com
In Case You Missed It, a look back at the major happenings from last week's News.Friday, July 25Families Removed From 'Tower of David' Skyscraper Slum: Venezuelans initially began living in the abandoned office towers in 2007, due to the country's burgeoning financial crisis. They are now being... View full entry
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. — calculatedriskblog.com
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. — calculatedriskblog.com