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
Sponsors Images
Sponsors Images
Sponsors Images
Sponsors Images
Sponsors Images
Industry News
Architecture Billings Index Continues To Show Modest Growth
December 20, 2019

Demand for design services in November increased at a modest pace for the second month in a row, according to a new report today from The American Institute of Architects (AIA).

AIA’s Architecture Billings Index (ABI) score of 51.9 for November reflects an increase in design services provided by U.S. architecture firms (any score above 50 indicates an increase in billings). During November, both the new project inquiries and design contracts scores were positive, posting scores of 60.9 and 52.9 respectively.  

“The uncertainty surrounding the overall health of the economy is leading developers to proceed with more caution on new projects,” said AIA Chief Economist, Kermit Baker, Hon. AIA, PhD.  “​We are at a point where there is a potential for an upside but also a potential for things to get worse.”

Key ABI highlights for November include:

-Regional averages: South (54.5); West (51.3); Midwest (51.1); Northeast (47.5)

-Sector index breakdown: commercial/industrial (52.9) mixed practice (52.2); multi-family residential (51.5); institutional (50.1)

-Project inquiries index: 60.9

-Design contracts index: 52.9

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

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