Architecture Billings Index Continues to Stabilize, Remains Healthy

Architecture firms reported increasing demand for design services in June, according to a report from The American Institute of Architects.

The ABI score for June was 53.2. While this score is down slightly from May’s score of 53.5, it still indicates moderately strong business conditions overall. Also in June, both the new project inquiries and design contracts indexes moderated from May but continued to show growth, posting scores of 58.2 and 52.2, respectively.

Key ABI highlights for June include:

• Regional averages: West (57.8); Midwest (54.8); South (51.5); Northeast (48.7)
• Sector index breakdown: institutional (53.5); mixed practice (52.8); multi-family residential (52.6); commercial/industrial (52.5)

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

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