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

| Sep 13, 2022

Orange County opens civic center complex—one of California’s largest P3 projects

Orange County’s recently opened County Administration North (CAN) building caps an urban center development that constitutes one of California’s largest ever P3 projects.

Laboratories | Sep 12, 2022

Lab space scarcity propels construction demand in life sciences sector

In its 2021 Life Sciences Real Estate Outlook, JLL predicted that access to talent would be a primary concern for an industry sector that had been growing by leaps and bounds. A year later, talent still guides real estate decisions. But market conditions of a different sort were cooling the biotech field: namely, investors that have soured on startups which underperformed after going public. What this means for new construction and renovation going forward is unpredictable, as the drivers behind life sciences’ surge are still palpable.

| Sep 12, 2022

Staff at New York City architecture firm is first in U.S. to unionize

Staff at New York City architecture firm is first in U.S. to unionize.

| Sep 12, 2022

San Antonio’s new courthouse aims to provide safety and security while also welcoming the public

The San Antonio Federal Courthouse, which opened earlier this year, replaces a courthouse that had been constructed as a pavilion for the 1968 World’s Fair. 

Giants 400 | Sep 9, 2022

Top 25 Casino Contractors + CM Firms for 2022

The Yates Companies, W.E. O'Neil Construction, Alberici-Flintco, and PCL Construction Enterprises top the ranking of the nation's largest casino contractors and construction management (CM) firms for 2022, as reported in Building Design+Construction's 2022 Giants 400 Report.

Giants 400 | Sep 9, 2022

Top 90 Hospitality Sector Contractors + CM Firms for 2022

AECOM, Suffolk Construction, STO Building Group, and The Yates Companies top the ranking of the nation's largest hospitality facilities sector contractors and construction management (CM) firms for 2022, as reported in Building Design+Construction's 2022 Giants 400 Report. Note: This ranking includes revenue for all hospitality facilities work, including casinos, hotels, and resorts. 

Giants 400 | Sep 9, 2022

Top 80 Hotel Sector Contractors + CM Firms for 2022

AECOM, Suffolk Construction, STO Building Group, and Swinerton top the ranking of the nation's largest hotel and resort sector contractors and construction management (CM) firms for 2022, as reported in Building Design+Construction's 2022 Giants 400 Report.

| Sep 9, 2022

Add sand shortage to supply chain woes

As if it wasn’t enough to have lumber, windows, doors, and metal pipe in short supply, you can add sand, which is theoretically plentiful on Earth, to the list of construction materials that can be hard to come by.

Senior Living Design | Sep 8, 2022

What’s new with AQ: The top trends in active adult living

Today's 55-or-better buyers are ready to design their lives and their homes as they see fit. With so much growth on tap, builders and developers must stay apprised of trends related to home, environment, and culture of 55+ communities.

| Sep 8, 2022

The Twin Cities’ LGBTQ health clinic moves into a new and improved facility

For more than 50 years, Family Tree Clinic has provided reproductive and sexual health services to underserved populations—from part of an old schoolhouse, until recently.

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