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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. The architecture and engineering sector as a whole added 7,000 jobs last month, while the construction sector remained essentially flat. recorded in March.

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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. Any drafting work done in-house is completed by contract draftsmen rather than permanent staff. Architectural Record.

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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. Although the values of new design contracts have weakened, this will hopefully mean more of these inquiries will turn into work in the months to come.

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Modest Revenue Increases Continue Through Spring

PSMJ Resources

The American Institute Architects’ Architecture Billings Index showed modest growth again in March, the fifth consecutive month of gains. Architecture firms have reported growth in the value of new design/design-build contracts for the last three months. Architectural Record. The ABI registered a score of 50.4

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PSMJ Resources Blog: Broader Economy Pulls Monthly ABI Down

PSMJ Resources

After a slight decrease in April, the American Institute Architects’ Architecture Billings Index fell sharply in May. It marked the biggest drop seen in the architecture industry in almost a year. Trends in business conditions at architecture firms are reflecting a slowdown in the broader economy. Architectural Record.

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PSMJ Resources Blog: PSMJ Tips: Set Expectations and Collect for.

PSMJ Resources

Project managers should regularly review their contracts and projects to determine that the firm has not inadvertently exceeded the contractual obligations. Reference the extra work as subject to the terms in your contract. Architectural Record. American Council of Engineering Companies (ACEC). BIMformation.com.

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PSMJ Resources Blog: Pace of Billings Decline Slows in October

PSMJ Resources

The American Institute Architects’ Architecture Billings Index reported another decline in the month of October. The Architecture Billings Index (ABI) serves as the leading economic indicator of construction activity, and reflects the approximate 9-12 month lag time between architecture billings, and actual construction spending.