Lukewarm Architecture Billings Index persists in June


The American Institute of Architects (AIA) has published its monthly  Architecture Billings Index (ABI) report for the month of June, which registers slight growth in the demand for design services relative to the previous month after a season of steep declines due to the COVID-19-pandemic. 

June ABI highlights
  • Architecture Billings Index score for June: 40.0
  • Project inquiries index: 49.3
  • Design contracts index: 44.0

An announcement from the AIA highlighting the latest report explains that demand for design services for architecture firms "began to stabilize in June, following their peak declines in April." The figures build on slight gains seen in the month of May and represent the second consecutive month of demand growth following April's historic lows. 

For reference, May's ABI report posted an overall score of 32.0, while inquiries and contract executions registered scores of 38.0 and 33.1, respectively. Though still below the 50.0 mark that signals overall growth in demand, the r...

Antonio Pacheco via Archinect - News https://bit.ly/2E0EdG3

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