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Architecture Billings Index slips, overall outlook remains positive
October 1st, 2016
On the heels of six out of seven months of increasing levels of demand for design services, the Architecture Billings Index (ABI) fell just below the positive mark. As a leading economic indicator of construction activity, the ABI reflects the approximate nine-to-12-month lead time between architecture billings and construction spending. The American Institute of Architects […]
Architecture Billings Index hits another bump
January 1st, 2016
As has been the case a few times already this year, the Architecture Billings Index (ABI) dipped in November. As a leading economic indicator of construction activity, the ABI reflects the approximate nine- to 12-month lead time between architecture billings and construction spending. The American Institute of Architects (AIA) reported the November ABI score was […]
Architecture Billings Index improves in February
April 1st, 2015
After its first negative score in 10 months, the Architecture Billings Index (ABI) showed a nominal increase in design activity in February, and has been positive 10 out of the past 12 months. As a leading economic indicator of construction activity, the ABI reflects the approximate nine- to 12-month lead time between architecture billings and […]