The Architecture Billings Index (ABI) has reached positive territory three months in a row.
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 January ABI score was 50.9, following a mark of 51.0 in December. This score reflects a slight increase in demand for design services (any score above 50 indicates an increase in billings). The new projects inquiry index was 61.2, down just a notch from a reading of 61.5 the previous month.
Key January ABI highlights:
- Regional averages: Midwest (53.7), South (51.6), Northeast (50.7), West (45.6)
- Sector index breakdown: multi-family residential (52.6), commercial / industrial (52.2),institutional (51.1), mixed practice (46.1)
- Project inquiries index: 61.2
The regional and sector categories are calculated as a 3-month moving average, whereas the index and inquiries are monthly numbers. BD+C
Related Stories
| Dec 18, 2019
Reconsidering construction robotics
After decades when experts predicted that robots would become more prevalent on construction sites, it would appear that the industry has finally reached that point where necessity, aspiration, and investment are colliding.
75 Top Building Products | Dec 16, 2019
Top Window and Door Products for 2019
Pella’s Rolscreen retractable screen and NanaWall’s HSW single-track sliding glass wall are among the 16 window and door products to make Building Design+Construction’s 2019 101 Top Products report.
75 Top Building Products | Dec 16, 2019
Top Structural Products for 2019
Inpro’s Fireline 140 fire barrier and Owens Corning’s Foamglas cellular glass insulation are among the 10 structural products to make Building Design+Construction's 2019 101 Top Products report.
75 Top Building Products | Dec 16, 2019
101 Top Products for 2019
Building Design+Construction readers and editors select their top building products for the past 12 months in the fourth-annual 101 Top Products report.
75 Top Building Products | Dec 16, 2019
Top Plumbing Products for 2019
Sloan's CX Flushometer and Zip Water's HydroTap are among the eight plumbing products to make Building Design+Construction's 2019 101 Top Products report.
75 Top Building Products | Dec 16, 2019
Top Interior Building Products for 2019
Arktura's Delta Drop ceiling and CertainTeed's Decoustics Rondolo wood panels are among the 13 new interior products to make Building Design+Construction's 2019 101 Top Products report.
75 Top Building Products | Dec 16, 2019
Top Glass and Glazing Products for 2019
SageGlass's Harmony dynamic glass and Vitro Architectural Glass's Acuity low-iron glass are among the nine new glass and glazing products to make Building Design+Construction's 2019 101 Top Products report.
75 Top Building Products | Dec 16, 2019
Top Flooring Products for 2019
Tarkett’s aviation-inspired flooring collection and J+J Flooring’s textile composite flooring are among the four new commercial flooring products to make Building Design+Construction’s 2019 101 Top Products report.
75 Top Building Products | Dec 16, 2019
Top Building Systems Products for 2019
FabricAir’s ceiling-hung fabric duct and Ellumi Lighting’s bacteria-killing lights are among the 13 new building systems products to make Building Design+Construction's 2019 101 Top Products report.
75 Top Building Products | Dec 12, 2019
Top Building Envelope Products for 2019
Sto's beetle-inspired exterior coating and Dörken Systems' UV-resistant vapor-permeable barrier are among the 28 new building envelope products to make Building Design+Construction's 2019 101 Top Products report.