Architecture Billings Slip Modestly

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WASHINGTON, D.C. –The Architecture Billings Index dipped slightly into negative territory in January*, after a very strong showing in December. 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 January ABI score was 49.5, down from a score of 55.6 in the previous month. This score reflects a minor decrease in design services (any score above 50 indicates an increase in billings). The new projects inquiry index was 60.0, up from a reading of 57.6 the previous month. “This small … Read more

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Architecture Billings Index Slips, Overall Outlook Remains Positive

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WASHINGTON, D.C. – On the heels of six out of seven months of increasing levels of demand for design services, the Architecture Billings Index fell just below the positive mark. 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 August ABI score was 49.7, down from the mark of 51.5 in the previous month. This score reflects a decrease in design services (any score above 50 indicates an increase in billings). The new projects inquiry index was 61.8, up … Read more

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Healthy Demand for All Building Types Signaled in ABI

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WASHINGTON, D.C. – Led by a still active multi-family housing market and sustained by solid levels of demand for new commercial and retail properties, the Architecture Billings Index has accelerated to its highest score in nearly a 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 May ABI score was 53.1, up sharply from the mark of 50.6 in the previous month. This score reflects an increase in design services (any score above 50 indicates an increase in billings). … Read more

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Architecture Billings Index Shows Slight Contraction

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WASHINGTON, D.C. – Following a generally positive performance in 2015, the Architecture Billings Index has begun this year modestly dipping back into negative terrain. 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 January ABI score was 49.6, down slightly from the mark of 51.3 in the previous month. This score reflects a minor decrease in design services (any score above 50 indicates an increase in billings). The new projects inquiry index was 55.3, down from a reading of 60.5 … Read more

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Architecture Billings Index Ends Year on Positive Note

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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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