flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

Architecture Billings Index continues to stabilize but remains healthy

Market Data

Architecture Billings Index continues to stabilize but remains healthy

Architecture firms reported increasing demand for design services in June, according to a new report today from The American Institute of Architects (AIA).


By AIA | July 21, 2022
Construction Design Services
Courtesy Pixabay.

Architecture firms reported increasing demand for design services in June, according to a new report today from The American Institute of Architects (AIA).

The ABI score for June was 53.2. While this score is down slightly from May’s score of 53.5, it still indicates moderately strong business conditions overall (any score above 50 indicates an increase in billings from the prior month). Also in June, both the new project inquiries and design contracts indexes moderated from May but continued to show growth, posting scores of 58.2 and 52.2 respectively. 

“Ongoing project activity at architecture firms as well as new work coming online remains strong, pushing project backlogs up to seven months on average nationally,” said AIA Chief Economist, Kermit Baker, Hon. AIA, PhD. “In spite of heavy workloads, employment at architecture firms has stabilized, suggesting that adding new employees is becoming even more challenging as the building construction sector continues to recover.”

Key ABI highlights for June include:

  • Regional averages: West (57.8); Midwest (54.8); South (51.5); Northeast (48.7)
  • Sector index breakdown: institutional (53.5); mixed practice (52.8); multi-family residential (52.6); commercial/industrial (52.5)

Related Stories

Market Data | Oct 21, 2020

Architectural billings slowdown moderated in September

AIA’s ABI score for September was 47.0 compared to 40.0 in August.

Market Data | Oct 21, 2020

Only eight states top February peak construction employment despite gains in 32 states last month

California and Vermont post worst losses since February as Virginia and South Dakota add the most.

Market Data | Oct 20, 2020

AIA releases updated contracts for multi-family residential and prototype residential projects

New resources provide insights into mitigating and managing risk on complex residential design and construction projects.

Market Data | Oct 19, 2020

5 must reads for the AEC industry today: October 19, 2020

Lower cost metros outperform pricey gateway markets and E-commerce fuels industrial's unstoppable engine.

Market Data | Oct 19, 2020

Lower-cost metros continue to outperform pricey gateway markets, Yardi Matrix reports

But year-over-year multifamily trendline remained negative at -0.3%, unchanged from July.

Market Data | Oct 16, 2020

5 must reads for the AEC industry today: October 16, 2020

Princeton's new museum and Miami's yacht-inspired luxury condos.

Market Data | Oct 15, 2020

6 must reads for the AEC industry today: October 15, 2020

Chicago's Bank of America Tower opens and altering facilities for a post-COVID-19 world.

Market Data | Oct 14, 2020

6 must reads for the AEC industry today: October 14, 2020

Thailand's new Elephant Museum and the Art Gallery of New South Wales receives an expansion.

Market Data | Oct 13, 2020

5 must reads for the AEC industry today: October 13, 2020

Miami Beach Convention Center renovation completes and guidance offered for K-12 schools to support students with asthma.

boombox1
boombox2
native1

More In Category




Giants 400

Top 100 Architecture Engineering Firms for 2024

Stantec, HDR, Page, HOK, and Arcadis North America top Building Design+Construction's ranking of the nation's largest architecture engineering (AE) firms for nonresidential building and multifamily housing work, as reported in BD+C's 2024 Giants 400 Report.

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