Architecture firms reported increasing demand for design services, according to a report from The American Institute of Architects.
The ABI score for May was 53.5. While this score is down from April’s score of 56.5, it still indicates very strong business conditions overall. Also in May, both the new project inquiries and design contracts indexes expanded, posting scores of 63.9 and 56.9, respectively.
Key ABI highlights for May include:
- Regional averages: West (59.3); Midwest (56.8); South (52.3); Northeast (51.4)
- Sector index breakdown: commercial/industrial (57.7); mixed practice (56.2); multi-family residential (54.5); institutional (51.7)
The regional and sector categories are calculated as a three-month moving average, whereas the national index, design contracts and inquiries are monthly numbers.
For more information, visit AIA’s website.