The Architecture Billings Index (ABI) pointed to a slower decline in July in design activity at U.S. architecture firms. 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 July ABI score was 48.7, up considerably from the mark of 45.9 in June. This score reflects a decrease in demand for design services (any score below50 indicates a decline in billings). The new projects inquiry index was 56.3, up from mark of 54.4 the previous month.
“Even though architecture firm billings nationally were down again in July, the downturn moderated substantially,” said AIA Chief Economist, Kermit Baker, PhD, Hon. AIA. “As long as overall economic conditions continue to show improvement, modest declines should shift over to growth in design activity over the coming months.”
Key July ABI highlights:
- Regional averages: South (52.7), Midwest (46.7) West (45.3), Northeast (44.3)
- Sector index breakdown: multi-family residential (51.4), mixed practice (49.1), commercial/industrial (48.4), institutional (46.6)
- Project inquiries index: 56.3
The regional and sector categories are calculated as a 3-month moving average, whereas the index and inquiries are monthly numbers. +
Related Stories
| Aug 11, 2010
Skidaway Institute of Oceanography opens new research facility
Scientists at the Skidaway Institute of Oceanography in Skidaway Island, Ga., moved into a new facility that enables them to expand the scope of the Institute’s leading-edge research on marine and coastal systems. The $5 million Marine and Coastal Science Research and Instructional Center (MCSRIC) provides high quality laboratory space in a bright, open, airy and environmentally sensitive setting.
| Aug 11, 2010
Construction Specifications Institute to end support of MasterFormat 95 on December 31, 2009
The Construction Specifications Institute (CSI) announced that the organization will cease to license and support MasterFormat 95 as of December 31, 2009. The CSI Board of Directors voted to stop licensing and supporting MasterFormat 95 during its June 16, 2009, meeting at the CSI Annual Convention in Indianapolis.
| Aug 11, 2010
Bowdoin College Museum of Art
Brunswick, Maine
Since its founding in 1794, when what is now the state of Maine was still part of the Commonwealth of Massachusetts, Bowdoin College has played a pivotal role in the educational and cultural life of Maine. Contributing to that role for more than a century has been the Walker Art Building, an 1894 McKim, Mead & White-designed structure and home to the college’s Museum of Art.
| Aug 11, 2010
Gensler among eight teams named finalists in 'classroom of the future' design competition
Eight teams were recognized today as finalists of the 2009 Open Architecture Challenge: Classroom. Finalists submitted designs ranging from an outdoor classroom for children in inner-city Chicago, learning spaces for the children of salt pan workers in India, safe spaces for youth in Bogota, Colombia and a bamboo classroom in the Himalayan mountains.
| Aug 11, 2010
9 rooftop photovoltaic installation tips
The popularity of rooftop photovoltaic (PV) panels has exploded during the past decade as Building Teams look to maximize building energy efficiency, implement renewable energy measures, and achieve green building certification for their projects. However, installing rooftop PV systems—rack-mounted, roof-bearing, or fully integrated systems—requires careful consideration to avoid damaging the roof system.
| Aug 11, 2010
The Joule Hotel
Dallas, Texas
The Joule Hotel in Dallas, designed by local firm Coburn & Smith, was constructed in 1927 as the Dallas National Bank Building. Originally one of the finest examples of gothic revival architecture in Texas, it had had most of its gothic elements removed over the years after being converted into an office building and later abandoned. What was left had fallen into disrepair.