The American Institute of Architects (AIA) reported the October ABI score was 51.7, up from a score of 49.1 in the previous month. This score reflects an increase in design services provided by U.S. architecture firms (any score above 50 indicates an increase in billings).
Growth will continue to be led by privately financed projects, with commercial construction continuing to lead the way. Energy-related construction will become less of a drag in 2017, while public spending will continue to be lackluster.
The American Institute of Architects (AIA) and the International WELL Building Institute™ (IWBI) recently announced a partnership to advance the AIA’s design and health initiative.
The Be Arkansas Pro mobile unit provides information about training resources, currently available positions and descriptions, skills needed, and how to start the process of starting a skilled professional career.
ABC chief economist Anirban Basu, AIA chief economist Kermit Baker, and NAHB chief economist David Crowe predicted continued construction industry growth in 2016 during a joint economic Web forecast.
Paced by continued demand for projects such as new education and health care facilities, public safety, and government buildings, the Architecture Billings Index (ABI) increased in June following fluctuations earlier this year.
After its first negative score in 10 months, the Architecture Billings Index (ABI) showed a nominal increase in design activity in February, and has been positive 10 out of the past 12 months. A leading economic indicator of construction activity, the February ABI score was 50.4, up slightly from a mark of 49.9 in January.
On the heels of recording its strongest pace of growth since 2007, there continues to be a high level of demand for design services signaled in the latest Architecture Billings Index (ABI). A leading economic indicator of construction activity, the American Institute of Architects (AIA) reported the August ABI score was 53.
The last three months have shown steadily increasing demand for design services and the Architecture Billings Index (ABI) is now at its highest level since 2007, announced the American Institute of Architects (AIA). A leading economic indicator of construction activity, the July ABI score was 55.8, up strongly from 53.5 in June.
The goal is to create a comprehensive framework for jurisdictions looking to implement and adopt green building regulations and codes and/or provide incentives for voluntary leadership programs such as LEED.