Architecture Billings Index Signals Gains for Fourth Straight Month

AIAThe latest Architecture Billings Index (ABI) shows that billings at architecture firms across the country continue to increase. The American Institute of Architects (AIA) reported the November ABI score was 53.2, up from the mark of 52.8 in October. This score reflects an increase in demand for design services (any score above 50 indicates an increase in billings). The new projects inquiry index was 59.6, up slightly from the 59.4 mark of the previous month.

Key November ABI highlights

  • Regional averages:
    • Northeast (56.3)
    • Midwest (54.4)
    • South (51.1)
    • West (49.6)
  • Sector index breakdown:
    • multi-family residential (55.9)
    • mixed practice (53.9)
    • commercial/industrial (52.0)
    • institutional (50.5)
  • Project inquiries index: 59.6

The regional and sector categories are calculated as a 3-month moving average, whereas the index and inquiries are monthly numbers.

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