Architecture Billings Index grows again in January


The Architecture Billings Index (ABI) continued to show signs of growth in the month of January, continuing a modest year-end rally into the first quarter of 2020. 

January ABI highlights
  • Architecture Billings Index Score for December: 52.2
  • Project inquiries index: 57.9 
  • Design contracts index: 56.0

The latest ABI report from the American Institute of Architects (AIA) shows that the construction industry is continuing to grow at a modest clip this year, fueling hopes that the late-stage economic expansion that has been fueling increased building activity over the last decade will continue to take shape over the coming year. 

January's billings score of 52.2 represents a slight step up from January's score of 52.1, and follows similar growth shown in December (52.5), November (51.9), and October (52.0). 

Previously on Archinect: "Architecture Billings Index ends 2019 on a high note." The Architecture Billings Index increased during the month of December. Image courtesy of Wikimedia user...
Antonio Pacheco via Archinect - News http://bit.ly/2SXCTYz

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