ABI April 2021: Architecture firm billings continue to rebound at a brisk pace

Business conditions at architecture firms continued to rebound at a strong clip in April, with the AIA’s Architecture Billings Index (ABI) score rising to 57.9 for the month (any score over 50 indicates billings growth). This is the highest ABI score since prior to the Great Recession, and indicates that a majority of architecture firms saw their billings increase this month. Interest in new projects remained extremely strong as well, with the Inquiries score rising to 70.8, and the value of new signed design contracts reaching 61.7, the highest score in that index since data collection started in late 2010. This means that not only are clients talking to architecture firms about starting new projects, but that they are also signing contracts to begin that work at a high rate.

Read more in the link below.

Back to Demolition Insights Home