25 Months of Growth for Architecture Firms Ended in March

A key signal of economic strength for the planning and development industries delivered bad news for the first time in a long time.

1 minute read

May 15, 2019, 9:00 AM PDT

By James Brasuell @CasualBrasuell

Ms. Phoenix / Flickr

The March Architecture Billings Index (ABI) dipped into negative territory for the first time in more than two years.

"Following consistently increasing demand for design services for over two years, the Architecture Billings Index (ABI) dipped into negative territory in March," according to a press release from the American Institute of Architects, which also produces the ABI.

"The ABI score for March was 47.8, down from 50.3 in February. Indicators of work in the pipeline, including inquiries into new projects and the value of new design contracts remained positive," according to the press release.

FULL STORY: Architecture Billings Index backslides in March

Wednesday, April 17, 2019 in American Institute of Architects

Architecture Community / Economic Development United States Architecture Billings Index Planning Architecture Industry Economy View More

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