Architecture Billings Index Ends Year on Positive Note

WASHINGTON, D.C. – There were a few occasions where demand for design services decreased from a month-to-month basis in 2015, but the Architecture Billings Index concluded the year in positive terrain and was so in 8-12 months of the year. As a leading economic indicator of construction activity, the ABI reflects the approximate 9-12-month lead time between architecture billings and construction spending. The American Institute of Architects 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 (any score above 50 indicates an increase … Read more

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