Category: january 2023
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Architecture Billings Index (ABI) Slowdown Continues into February
WASHINGTON –March 22, 2023 – More architecture firms reported a decline in billings in February, indicating an extension of a recent downturn in design activity according to a new report released today from The American Institute of Architects (AIA). The score for February fell slightly to 48.0 (any score below 50 indicates a decline in firm billings). However, inquiries into new...
Architectural Billings Continue to Contract in 2023
WASHINGTON – February 22, 2023 – Fewer architecture firms report declining billings in January compared to billing activity in December, according to a new report today from The American Institute of Architects (AIA). AIA’s Architecture Billings Index (ABI) score for January was 49.3* compared to 48.4 in December (any score below 50 indicates a decline in firm billings). Last month’s score...
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