Another setback for the Architecture Billings Index

by Jonathan McGaha | July 19, 2011 12:00 am

June marked the third consecutive decline in revenue at U.S. architecture firms as measured by the Architecture Billings Index. The AIA reported the June ABI score was 46.3, almost a full point from a reading of 47.2 the previous month. This score reflects a continued decrease in demand for design services. However, the new projects inquiry index was 58.1, up sharply from a mark of 52.6 in May.

Key June ABI highlights:

• Regional averages: West (51.7), Northeast (47.5), South (47.3), Midwest (44.6)
• Sector index breakdown: mixed practice (51.5), commercial / industrial (50.0), multi-family residential (49.6), institutional (45.9)
• Project inquiries index: 58.1

Source URL: https://www.metalarchitecture.com/news/industry-news/another-setback-for-the-architecture-billings-index/

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