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Continued economic recovery and strengthening confidence are the main takeaways from the latest report released by the American Institute of Architects this morning. After rising to a score of 55.6 in March, the Architecture Billings Index (ABI) for April expanded to 57.9 — the third... View full entry
The American Institute of Architects released its latest economic report this morning, and the overall trajectory is welcome news to the architecture industry: rising to 55.6, the Architecture Billings Index (ABI) for March not only reached its second positive mark since the beginning of the... View full entry
The latest economic report from the American Institute of Architects is indicating a mild sense of optimism: the Architecture Billings Index (ABI) for the month February climbed back into positive territory for the first time since February 2020. At a score of 53.3, the new ABI marked a... View full entry
The latest economic study from the American Institute of Architects indicates that fewer architecture firms reported declining billings due to slightly improved business conditions, however overall billings continued to contract. The Architecture Billings Index (ABI) for the month of January... View full entry
The American Institute of Architects published the new economic report for the month of December this morning, indicating a considerable decline in demand for design services from U.S. architecture firms. The Architecture Billings Index dropped to a score of 42.6, well below November's 46.3 score... View full entry
The latest economic report from the American Institute of Architects shows a continued decline of architecture firm billing activity. The Architecture Billings Index for the month of November fell below October's, now posting a score of 46.3. The Institute also registered a slowing pace of... View full entry
Architectural billings remained largely unchanged from the previous month during October, reports the American Institute of Architects in its latest Architecture Billings Index (ABI) this morning. The current pace of decline in firm billings was registered at 47.5 — only a mild... View full entry
Last month fewer architecture firms reported a decline in billings, up slightly from previous months, but still lagging behind pre-pandemic numbers. The AIA's Architecture Billings Index (ABI) report for the month of September shows a score of 47.0, indicating that a little over half of... View full entry
The American Institute of Architects (AIA) has published its Architecture Billings Index (ABI) report for the month of August, showing stalled business conditions for architecture firms and a further decline in demand for design services, represented by an unchanged score of 40.0 for the... View full entry
Recessions are hard for everyone, but the architecture industry has a history of being especially impacted by downturns in the economy. This panel, one of Archinect's many upcoming virtual events, will share insights from architects who have successfully worked through previous recessions, or even... View full entry
The American Institute of Architects (AIA) has published its Architecture Billings Index (ABI) report for the month of July, showing demand for architecture billings maintaining a similar level of economic contraction as the month of June amid a spike in COVID-19 cases and the re-imposition of... View full entry
The number of vacant apartment buildings in Manhattan continues to grow as the effects of a recent construction boom and the COVID-19 crisis converge within the city's real estate market. CNBC reports that the number of apartments for rent, or listing inventory "more than doubled... View full entry
A new report from the American Road & Transportation Builders Association (ARTBA) highlights the growing scale of construction disruption unleashed by the COVID-19 pandemic. The report states that projects totaling over $9.6 billion in expenditures have been either delayed on cancelled... View full entry
The American Institute of Architects (AIA) has published its latest AIA Consensus Construction Forecast Panel, a metric that collects the perspectives of "leading economic forecasters" to help project potential near-term demand for construction services. AIA's latest report signals that the... View full entry
The American Institute of Architects (AIA) has published its monthly Architecture Billings Index (ABI) report for the month of June, which registers slight growth in the demand for design services relative to the previous month after a season of steep declines due to... View full entry