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 | Jun 16, 2021

Producer prices for construction materials and services jump 24% over 12 months

The 24.3% increase in prices for materials used in construction from May 2020 to last month was nearly twice as great as in any previous year

Market Data | Jun 15, 2021

ABC’s Construction Backlog inches higher in May

Materials and labor shortages suppress contractor confidence.

Market Data | Jun 11, 2021

The countries with the most green buildings

As the country that set up the LEED initiative, the US is a natural leader in constructing green buildings.

Market Data | Jun 7, 2021

Construction employment slips by 20,000 in May

Seasonally adjusted construction employment in May totaled 7,423,000.

Market Data | Jun 2, 2021

Construction employment in April lags pre-covid February 2020 level in 107 metro areas

Houston-The Woodlands-Sugar Land and Odessa, Texas have worst 14-month construction job losses.

Market Data | Jun 1, 2021

Nonresidential construction spending decreases 0.5% in April

Spending was down on a monthly basis in nine of 16 nonresidential subcategories.

Market Data | Jun 1, 2021

Nonresidential construction outlays drop in April to two-year low

Public and private work declines amid supply-chain woes, soaring costs.

Market Data | May 24, 2021

Construction employment in April remains below pre-pandemic peak in 36 states and D.C.

Texas and Louisiana have worst job losses since February 2020, while Utah and Idaho are the top gainers.

Market Data | May 19, 2021

Design activity strongly increases

Demand signals construction is recovering.

Multifamily Housing | May 18, 2021

Multifamily housing sector sees near record proposal activity in early 2021

The multifamily sector led all housing submarkets, and was third among all 58 submarkets tracked by PSMJ in the first quarter of 2021. 

boombox1
boombox2
native1

More In Category




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