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Demand for architectural design activity has grown for the sixth consecutive month, according to a new report released by the American Institute of Architects this morning. The Architecture Billings Index (ABI) for July continued to indicate positive business conditions with a score of... View full entry
The total number of registered architects in the United States has continued to grow over the past year, despite the pressures of COVID-19 disruption on both the professional industry and licensing pathways. New data from the National Council of Architectural Registrations Board (NCARB) has found... View full entry
Nonresidential construction in the United States is expected to healthily increase in 2022, but only after a continued decline throughout 2021, according to the AIA. In their mid-year Consensus Construction Forecast for July 2021, the organization projects that nonresidential construction spending... View full entry
The American Institute of Architects released its latest economic report this morning, signaling a continued trend of increasing demand for design services. The Architecture Billings Index (ABI) for June remained at an elevated level with a score of 57.1, dipping only mildly compared to ... View full entry
Residential construction in the United States is accelerating, despite the high costs of materials caused by the COVID-19 pandemic, according to new data released by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development (HUD). Within their report, which focuses on new... View full entry
Client interest in larger homes has increased over the past 12 months for the first time in five years, according to the newly published Home Design Trends Survey carried out by the American Institute of Architects (AIA). The survey results, free to view here, also note a sharp rise in demand for... View full entry
The latest economic report from the American Institute of Architects continues to reflect growth at a "vigorous pace." The Architecture Billings Index (ABI) for May expanded for the fourth consecutive month, rising to a score of 58.5 compared to 57.9 in April — reportedly one of the... View full entry
The American Institute of Architects (AIA) has partnered with Oldcastle BuildingEnvelope in releasing a new report titled Business Opportunities & Sustainability Trends Amidst a Pandemic, studying the impact of COVID-19 on design firm business conditions. The report, which is freely available via... View full entry
Before the Covid-19 pandemic forced most office workers to indefinitely take their work home, the New York-based WeWork had a dramatic rise and fall. With a widely-reported, botched IPO in 2019, the office space company’s ascent was emblematic of an unprecedented alliance between data, finance... View full entry
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 Dodge Momentum Index, which rose 8.6% in April, is now at a 12-year high, led by a 77% climb in the institutional category over the last three months. But that positive, which gauges the initial planning of projects and usually precedes actual construction spending by 12 months, was countered by current challenges of soaring material costs and obstinate workforce shortages in the larger construction industry [...] — Construction Dive
According to the most recent Dodge Momentum Index, the April score of 162.4 signals the highest reading in over a decade and suggests a continued recovery of construction spending for nonresidential building projects. "Healthcare and laboratory projects continue to dominate the sector, pushing... 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
This post is brought to you by BQE Software The investment further enhances the company's position as a technology leader for professional service firms. BQE, a leading cloud-based software provider to professional service firms, recently announced that the company received a significant... 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
This post is brought to you by BQE Core As architects, nearly everything we do is associated with a project. As a project-centric business, understanding which key performance indicators (KPIs) are meaningful is only half the battle. What is equally important is having a system in place that... View full entry