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 | Apr 13, 2020

6 must reads for the AEC industry today: April 13, 2020

How prefab can enable the AEC industry to quickly create new hospital beds and Abu Dhabi launches a design competition focused on reducing urban heat island effect.

Market Data | Apr 10, 2020

5 must reads for the AEC industry today: April 10, 2020

Designing for the next generation of student life and a mass timber Ramada Hotel rises in British Columbia.

Market Data | Apr 9, 2020

7 must reads for the AEC industry today: April 9, 2020

Urine could be the key to building in outer space and how to turn a high school into a patient care center in just over two weeks.

Market Data | Apr 8, 2020

6 must reads for the AEC industry today: April 8, 2020

Stantec discusses how hospitals can adapt buildings to address worst-case scenarios and FXCollaborative Architects tells us why cities will survive the pandemic.

Market Data | Apr 7, 2020

7 must reads for the AEC industry today: April 7, 2020

Leo A Daly's Hotel2Hospital prototype takes shape, while the number of delayed projects reaches 2,550 in the U.S. amid coronavirus pandemic.

Market Data | Apr 3, 2020

COVID-19 cuts nonresidential construction employment in March

The construction unemployment rate was 6.9% in March, up 1.7 percentage points from the same time one year ago.

Market Data | Apr 1, 2020

February’s construction spending decline indicates what’s to come

Private nonresidential spending declined 2% on a monthly basis and is down 0.7% compared to February 2019.

Market Data | Mar 26, 2020

Architects taking action to support COVID-19 response

New AIA task force will offer insights for adapting buildings into healthcare facilities.

Market Data | Mar 26, 2020

Senate coronavirus relief bill's tax and lending provisions will help construction firms, but industry needs additional measures

Construction officials say measure will help firms cope with immediate cash flow crunch, but industry needs compensation for losses.

boombox1
boombox2
native1

More In Category


Contractors

Nonresidential construction spending decreased 0.2% in June

National nonresidential construction spending declined 0.2% in June, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.21 trillion. Nonresidential construction has expanded 5.3% from a year ago.



Construction Costs

Data center construction costs for 2024

Gordian’s data features more than 100 building models, including computer data centers. These localized models allow architects, engineers, and other preconstruction professionals to quickly and accurately create conceptual estimates for future builds. This table shows a five-year view of costs per square foot for one-story computer data centers. 

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