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AIA Architecture Billings Index hits all-time low

PSMJ Resources

There's no way to sugarcoat it, folks, the architecture portion of the AEC industry is in deep trouble. This morning's news that the AIA's Architecture Billings Index hit its lowest level since the survey began in 1995 is a major blow to anyone's short-term visions of a quick turnaround. The October ABI rating was 36.2,

AIA 40
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Architecture Firm Billings Rebound Modestly in August

PSMJ Resources

Architecture Firm Billings Rebound Modestly in August. The American Institute of Architects’ Architecture Billings Index showed a modest rebound in firm billings in August. Conditions also continued to deteriorate at firms with a residential specialization, in spite of moderate growth reported by those firms earlier this year.

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PSMJ Resources Blog: Residential Construction Continues to Struggle

PSMJ Resources

Residential Construction Continues to Struggle. A sluggish economy, a soft job market, a large inventory of foreclosed homes, the threat of additional foreclosures, and difficulty in obtaining financing for both potential homebuyers and for builders continue to act as a drag on the housing market. Architectural Record.

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PSMJ Resources Blog: After Upturn, Architecture Billings Fall Again

PSMJ Resources

After Upturn, Architecture Billings Fall Again. The American Institute of Architects’ Architecture Billings Index once again showed decline in the month of September. Not only was there a drop in billings at architecture firms around the country, there was a decrease in average backlog. Residential is up 46.4

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PSMJ Resources Blog: Architecture Firms Rebound in November

PSMJ Resources

Architecture Firms Rebound in November. The American Institute Architects’ Architecture Billings Index reported substantial gains for the month of November - the strongest since the fourth quarter of 2010. Commercial/industrial and residential firms are expecting stronger revenue growth than institutional firms.

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PSMJ Resources Blog: Business Conditions at Architecture Firms.

PSMJ Resources

Business Conditions at Architecture Firms Soften in April. The American Institute Architects’ Architecture Billings Index fell in April, the first time in six months. Firms with a residential specialization reported minimal growth, but this is still the eighth consecutive month of improving conditions for them. from 53.9,

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Recent Downturn in Architecture Firm Billings Accelerates

PSMJ Resources

Recent Downturn in Architecture Firm Billings Accelerates. The American Institute of Architects’ Architecture Billings Index declined for the fourth month in a row in July. Firms with residential specialization saw the sharpest decline, while scores for those in the institutional sector remain steady, but still negative.