Architecture Billings climbs into positive territory

by Jonathan McGaha | December 20, 2011 12:00 am

Continuing the positive momentum of a nearly three point bump in October, the Architecture Billings Index reached its first positive mark since August. The American Institute of Architects reported the November ABI score was 52.0, following a score of 49.4 in October. This score reflects an overall increase in demand for design services (any score above 50 indicates an increase in billings). The new projects inquiry index was 65.0, up dramatically from a reading of 57.3 the previous month.

• Regional averages: South 54.4, Midwest 50.9, Northeast 49.1, West 45.6
• Sector index breakdown: multi-family residential 55.8, commercial / industrial 53.9,
• institutional 48.9, mixed practice 41.6
• Project inquiries index: 65.0

Source URL: https://www.metalarchitecture.com/news/industry-news/architecture-billings-climbs-into-positive-territory/

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