Demand for design services from architecture firms began to stabilize in June, following their peak declines in April, according to a new report today from The American Institute of Architects (AIA).
AIA’s Architecture Billings Index (ABI) score for June was 40.0 compared to 32.0 in May. The May ABI score indicates that a significant share of architecture firms still saw their billings decline from May to June, however the share reporting declines slowed significantly. Index scores for new project inquiries and new design contracts also showed signs of stabilizing, posting scores of 49.3 and 44.0 respectively.
“While business conditions remained soft at firms across the country, those with a multifamily residential specialization saw the most positive signs,” said AIA Chief Economist Kermit Baker, PhD, Hon. AIA. “Unfortunately, conditions at firms with a commercial/industrial specialization are likely to remain weak for an extended period of time, until hospitality, office and retail facilities can fully reopen, and design demand for this space begins to increase.”
Key ABI figures for June include:
• Regional averages: Midwest (36.8); West (36.8); South (35.9); Northeast (34.2)
• Sector index breakdown: multi-family residential (44.7); institutional (38.9); mixed practice (35.3); commercial/industrial (30.1)
• Project inquiries index: 49.3
• Design contracts index: 44.0
The regional and sector categories are calculated as a three-month moving average, whereas the national index, design contracts and inquiries are monthly numbers.
Related Stories
| Jul 17, 2013
WorldGBC, IFC pledge to rapidly scale up green construction in emerging markets
IFC, a member of the World Bank Group, and the World Green Building Council (WorldGBC) are collaborating to rapidly scale up the construction of green buildings in emerging markets.
| Jul 17, 2013
Louisiana governor signs $250 million bill for 29 community college projects
Louisiana Gov. Bobby Jindal signed into law this month a bill that provides $251.6 million for 29 projects at Louisiana Community and Technical College campuses.
| Jul 17, 2013
U.S. House continues to block enforcement of light bulb standards
The House of Representatives last week voted to block the enforcement of light bulb standards that many say would effectively force people to buy more expensive compact fluorescent bulbs.
| Jul 17, 2013
Should city parking space requirements be abolished?
Some cities are deliberately discouraging construction of new parking spaces by allowing the construction of buildings with a lower ratio of parking spaces to dwellings (as low as 0.75 spaces per residence).
| Jul 17, 2013
EPA continues work on new federal stormwater regulations that are expected to impact development
The Environmental Protection Agency continues to develop new stormwater regulations that are expected to force project developers to write stormwater considerations into designs.
| Jul 11, 2013
DOE releases stricter energy efficiency standards for new federal buildings taking effect in 2014
The Energy Department released stricter energy efficiency standards this month for new federal buildings.
| Jul 11, 2013
Pennsylvania legislators work on bill to update demolition codes following fatal building collapse
Pennsylvania lawmakers are working on a bill to update demolition codes, in the wake of a fatal building collapse in Philadelphia in June.
| Jul 11, 2013
Lawsuit challenges modular apartment project in New York City
A plan to build pre-fab apartment buildings at Atlantic Yards in Brooklyn, N.Y., has been challenged by a lawsuit filed by the Plumbing Foundation in Manhattan Supreme Court.
| Jul 5, 2013
OSHA to launch program to protect workers from isocyanate exposure
The Occupational Safety and Health Administration (OSHA) has announced a new national emphasis program (NEP) to protect workers from serious health effects caused by occupational exposure to isocyanates.
| Jul 5, 2013
New California building code expected to boost energy demand response technology
The California master building code, set to go into effect on Jan. 1, 2014, includes a few changes that could push automated, open-standards-based demand response into the mass market.
