Architecture Billings Index in August shows solid uptick thanks to growth in multi-family residential sector


Architecture firm billings rebounded solidly in August, posting their eleventh consecutive month of growth, according to a report released today from The American Institute of Architects (AIA). AIA’s Architecture Billings Index (ABI) score for August was 54.2 compared to 50.7 in July (any score over 50 represents billings growth). Most of the growth continues to come from the South and the multi-family residential sector.



“Billings at architecture firms in the South continue to lead the healthy increase in design activity that we’ve seen across the profession in recent months,” said AIA Chief Economist Kermit Baker, Hon. AIA, PhD. “Nationally, growth across all building sectors remains solidly positive.”

The American Institute of Architects reports these key ABI stats for the month of August:

  • Regional averages: West (54.2), Midwest (52.5), South (57.0), Northeast (46.9)
  • Sector index breakdown: multi-family residential (55.6), institutional (52.3), commercial/industrial (53.6), mixed practice (51.7)
  • Project inquiries index: 58.0
  • Design contracts index: 49.6
Alexander Walter via Archinect - News http://bit.ly/2PLQOxx

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