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
Architecture Billings Downward Trajectory Moderates
June 24, 2020

Demand for design services in May saw few signs of rebounding following a record drop in billings the month prior, according to a new report today from The American Institute of Architects (AIA).

AIA’s Architecture Billings Index (ABI) score for May was 32.0 compared to 29.5 in April, but still represents a significant decrease in services provided by U.S. architecture firms (any number below 50 indicates a decrease in billings). In May, the decline in new project inquiries and design contract scores moderated from April, posting scores of 38.0 and 33.1 respectively.  

“A large portion of the design and construction industry remains mired in  steep cutbacks as many businesses and organizations are still trying to figure out what actions make sense in this uncertain economic environment,” said AIA Chief Economist Kermit Baker, Hon. AIA, PhD. “There are growing signs of activity beginning to pick up in some areas, but others are seeing a pause as pandemic concerns continue to grow.”

Key ABI figures for May include:

-Regional averages: West (36.0); South (30.6); Midwest (29.7); Northeast (25.1)

-Sector index breakdown: institutional (35.7); multi-family residential (34.8); mixed practice (28.5); commercial/industrial (24.8)

-Project inquiries index: 38.0

-Design contracts index: 33.1

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

About AIA

Founded in 1857, AIA consistently works to create more valuable, healthy, secure, and sustainable buildings, neighborhoods, and communities. Through more than 200 international, state and local chapters, AIA advocates for public policies that promote economic vitality and public wellbeing.

AIA provides members with tools and resources to assist them in their careers and business as well as engaging civic and government leaders and the public to find solutions to pressing issues facing our communities, institutions, nation, and world. Members adhere to a code of ethics and conduct to ensure the highest professional standards.

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