flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

ABI back into positive territory

ABI back into positive territory

South continues to lead regions in demand for design services.


By Posted by Tim Gregorski, Senior Editor | September 19, 2012

On the heels of a nearly three-point increase, the Architecture Billings Index (ABI) climbed into positive terrain for the first time in five months. As a leading economic indicator of construction activity, the ABI reflects the approximate nine to twelve month lag time between architecture billings and construction spending.

The AIA reported the August ABI score was 50.2, up from the mark of 48.7 in July. This score reflects an increase in demand for design services (any score above 50 indicates an increase in billings). The new projects inquiry index was 57.2, up from mark of 56.3 the previous month.

“Until the economy is on firmer ground, there aren’t likely to be strong increases in demand for design services,” said AIA Chief Economist, Kermit Baker, PhD, Hon. AIA. “In the meantime, we can expect to see design activity alternate between modest growth and modest decline.”

Key August ABI highlights:

  • Regional averages: South (52.2), West (51.2),  Northeast (45.5), Midwest (45.3)
  • Sector index breakdown: multi-family residential (53.0), institutional (50.2) commercial/industrial (47.9), mixed practice (46.8)
  • Project inquiries index: 57.2. +

Related Stories

| Nov 9, 2011

Lincoln Center Pavilion wins national architecture and engineering award

The project team members include owner Lincoln Center for the Performing Arts, New York; design architect and interior designer of the restaurant, Diller Scofidio + Renfro, New York; executive architect, FXFOWLE, New York; and architect and interior designer of the film center, Rockwell Group, New York; structural engineer Arup (AISC Member), New York; and general contractor Turner Construction Company (AISC Member), New York. 

| Nov 9, 2011

Sika Sarnafil Roof Recycling Program recognized by Society of Plastics Engineers

Program leads the industry in recovering and recycling roofing membrane into new roofing products.

| Nov 9, 2011

American Standard Brands joins the Hospitality Sustainable Purchasing Consortium

  American Standard will collaborate with other organizations to build an industry-wide sustainability performance index.

| Nov 8, 2011

Transforming a landmark coastal resort

Originally built in 1973, the building had received several alterations over the years but the progressive deterioration caused by the harsh salt water environment had never been addressed.

| Nov 8, 2011

WEB EXCLUSIVE: Moisture-related failures in agglomerated floor tiles

Agglomerated tiles offer an appealing appearance similar to natural stone at a lower cost. To achieve successful installations, manufacturers should provide design data for moisture-related dimensional changes, specifiers should require in-situ moisture testing similar to those used for other flooring materials, and the industry should develop standards for fabrication and installation of agglomerated tiles.

| Nov 8, 2011

$11 million business incubator Florida Innovation Hub at the University of Florida completed by Charles Perry Partners, Inc.

The facility houses the UF Office of Technology Licensing, UF Tech Connect, other entities, and more than 30 startup technology tenants.

| Nov 8, 2011

Designer joins Holabird & Root

Clifton has been awarded numerous awards throughout her career, including two AIA Chicago Design Excellence Awards.

| Nov 4, 2011

Mortenson Construction builds its fifth wind facility In Illinois

Shady Oaks Wind Farm is under construction near Compton, Ill.

| Nov 4, 2011

CSI and ICC Evaluation Service agree to reference GreenFormat in ICC-ES Environmental Reports?

ICC-ES currently references CSI's MasterFormat and other formats in all of its evaluation reports. The MOU will add GreenFormat references.

boombox1
boombox2
native1

More In Category


Healthcare Facilities

Watch on-demand: Key Trends in the Healthcare Facilities Market for 2024-2025

Join the Building Design+Construction editorial team for this on-demand webinar on key trends, innovations, and opportunities in the $65 billion U.S. healthcare buildings market. A panel of healthcare design and construction experts present their latest projects, trends, innovations, opportunities, and data/research on key healthcare facilities sub-sectors. A 2024-2025 U.S. healthcare facilities market outlook is also presented.



halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021