left shadow main shadow main shadow
main shadow
Ld logo
Professional Ligting top_banner
Home top navigation Jobs/Events/News top navigation Catalogs top navigation Manufacturers top navigation Lighting Products top navigation Newsletter Sign-Up top navigation Apps_Blogs top navigation Lighting Feeds
Subpage Top Grad
Indoor Lighting
Left Navigation
Outdoor Lighting
Left Navigation
LED Lighting
Left Navigation
Ballast/Transformers
Left Navigation
Controls
Left Navigation
Lamps/LED
Left Navigation
Emergency/Exit
Left Navigation
Site Sponsors
Sponsors Images
Sponsors Images
Sponsors Images
Sponsors Images
Sponsors Images
Sponsors Images
Sponsors Images
Sponsors Images
Sponsors Images
Sponsors Images
Sponsors Images
Sponsors Images
Sponsors Images
Sponsors Images
Sponsors Images
Sponsors Images
Sponsors Images
Sponsors Images
Sponsors Images
Sponsors Images
Sponsors Images
Sponsors Images
Sponsors Images
Sponsors Images
Sponsors Images
Sponsors Images
Sponsors Images
Sponsors Images
Sponsors Images
Sponsors Images
Industry News
Architectural Billings Slowdown Moderated in September
October 21, 2020

A slight improvement in business conditions has led to fewer architecture firms reporting declining billings, according to a new report today from The American Institute of Architects (AIA).

AIA’s ABI score for September was 47.0 compared to 40.0 in August (any score below 50 indicates a decline in firm billings). Last month’s score indicates overall revenue at U.S architecture firms continued to decline from August to September, however, the pace of decline slowed significantly. Inquiries into new projects during September grew for the second time since February, with a score of 57.2 compared to 51.6 in August. The value of new design contracts moderated to a score of 48.9 in September from 46.0 the previous month.

“Despite the multi-family residential sector showing signs of improvement, overall business conditions are recovering at a disappointingly slow pace,” said AIA Chief Economist, Kermit Baker, Hon. AIA, PhD. “Other sectors may begin to stabilize in the coming months, but across the board improvement shouldn’t be expected until the economic impact of the pandemic subsides significantly.”  

Key ABI figures for September include:

-Regional averages: Midwest (45.6); West (45.6); South (43.7); Northeast (41.5)

-Sector index breakdown: multi-family residential (54.0); mixed practice (47.3); commercial/industrial (43.3); institutional (40.5)

-Project inquiries index: 57.2

-Design contracts index: 48.9

The regional and sector categories are calculated as a three-month moving average, whereas the national index, design contracts and inquiries are monthly numbers.

Visit AIA’s website for more ABI information.

Trans
Banners
Banners
Banners
Trans Trans
Trans
Main Shadow Right
Indoor Lighting  |   Outdoor Lighting  |   LED Lighting  |   Ballast/Transformers  |   Controls  |   Lamps/LED  |   Emergency/Exit  |   Manufacturers  |   Lighting Products  |   Events  |   Jobs  |   Industry News  |   New Catalogs  |   Site Map  |   Advertising Information
LIGHTDIRECTORY - LightDirectory.com, P.O. Box 1768, Higley AZ, 85236.
Trans