Architecture firms reported a modest decrease in April billings. However, there was a slight increase in inquiries into future project activity according to a report released from The American Institute of Architects.

Demand for design services in May remained essentially flat in comparison to the previous month, according to a new report from The American Institute of Architects. AIA’s Architecture Billings Index score for May showed a small increase in design services at 50.2, which is slightly down from 50.5 in April. Any score above 50 indicates an increase in billings. Both the project inquiries index and the design contracts index softened in May but remained positive. “The last four consecutive months, firm billings have either decreased or been flat, the longest period of that level of sustained softness since 2012,” said … Read more

WASHINGTON, D.C. – The new year started on a strong note for architecture firms, as the Architecture Billings Index saw its highest January score since 2007. The American Institute of Architects reported the January ABI score was 54.7, up from a score of 52.8 in the previous month. This score reflects an increase in design services provided by U.S. architecture firms (any score above 50 indicates an increase in billings). The new projects inquiry index was 61.1, down from a reading of 62.0 the previous month, while the new design contracts index increased slightly from 53.4 to 53.9. “Healthy conditions … Read more