Architecture Billings Index Shows Robust Conditions Ahead for Construction Industry

WASHINGTON, D.C. — 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. As a leading economic indicator of construction activity, the ABI reflects the approximate nine to 12-month lead time between architecture billings and construction spending. The American Institute of Architects reported the September ABI score was 55.2, up from a mark of 53.0 in August. This score reflects an increase in design activity (any score above 50 indicates an increase in billings). The new projects inquiry index was … Read more

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Construction Employers Add Jobs in September, Unemployment Rate Declines

Construction employers added 16,000 jobs and the sector’s unemployment rate fell to 7 percent, the lowest rate for September in years, according to an analysis released by the Associated General Contractors of America. Association officials said the construction employment gains come as more firms report having a hard time finding enough qualified workers to fill available positions, citing the lack of local vocational training programs, especially at the secondary level. “While we are eager to see even more construction employment gains, there is no denying the fact that the industry has been in recovery mode for much of the past … Read more

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Construction Employment, Spending Gains Remain Uneven from August 2013, 2014

Construction employment expanded in 220 metro areas, declined in 73 and was stagnant in 46 between August 2013 and August 2014, according to a new analysis of federal employment data recently released by the Associated General Contractors of America. Association officials added that construction spending climbed to $961 billion from $915.3 billion between August 2013 and August 2014, a 5 percent increase, according to federal data also released. “Even as construction employment continues to rebound in many parts of the country, other areas continue to lose ground, or like Phoenix, backslide,” said Ken Simonson, the association’s chief economist. “Similarly, while … Read more

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Architecture Billings Index Exhibits Continued Strength

WASHINGTON, D.C. — On the heels of recording its strongest pace of growth since 2007, there continues to be an increasing level of demand for design services signaled in the latest Architecture Billings Index. As a leading economic indicator of construction activity, the ABI reflects the approximate nine- to 12-month lead time between architecture billings and construction spending. The American Institute of Architects 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 … Read more

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Construction Employment Increases in 36 States during Past Year

Construction firms added jobs in 36 states between August 2013 and August 2014, while construction employment increased in 28 states between July and August, according to an analysis of Labor Department data by the Associated General Contractors of America. Association officials noted construction activity continues to spread across most of the nation even, as employment gains remain uneven by month and state. “The number of states with increases in construction employment over the last 12 months moderated in August but remained strongly positive as construction activity continues to spread across most of the nation,” said Ken Simonson, the association's chief … Read more

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