The American Institute of Architects (AIA) Architecture Billings Index (ABI) for January continues to reflect the strongest growth since November 2007. At 54.2, the score increased from December’s 51.2 mark. Scores above 50 indicate an increase in architectural billings.
Despite December’s drop from November’s 53.2 mark, January’s score indicates a strong increase in demand for design services. The new projects inquiry index was 63.2, compared to December’s score of 57.9.
By region, the Midwest dropped 1.3 points to its 54.4 average; the West gained 3.8 points for a 53.4 average; the South grew by half a point at 51.7; and the Northeast lost 2.8 points for an average of 50.3. Mixed practices received a score of 54.9; multi-family residential received 54.5; commercial/industrial was at 52.0; and institutional practices had a score of 50.2.
For more information, visit aia.org.