Following a period of extended growth, the Architecture Billings Index (ABI), which is compiled by the AIA, declined for the second straight month, down to 48.5 in December from 49.8 in November (any score below 50 indicates a decline). The news is not entirely bleak, however, as new project inquiries rose to 59.2 up from 57.8.
All good things must come to an end. Following a robust six months, the demand for design services has simmered down. In November, the Architecture Billings Index (ABI) slid from 51.6 in October to 49.8 (any score above 50 indicates an increase in billings). This the second month in a row that the ABI has experienced a small dip.
After a three-month streak of positive growth, the Architecture Billings Index revealed a small dip in the demand for design services. The ABI score slid down from 54.3 in September to 51.6 in October (any score above 50 indicates an increase). AIA Chief Economist Kermit Baker said that the tumultous political climate—read Government Shutdown—contributed to the drop in activity last month.
The slow days of the recession are long gone. Recent figures indicate that September was another robust month for the architecture industry. The Architecture Billings Index (ABI) rose from 53.8 in August to 54.3 (any score above 50 indicates an increase in billings). AIA Chief Economist Kermit Baker said that this upswing in the demand for design services is a reflection of the industry’s new and advanced design and business practices. “The prolonged economic downturn that has affected the design and construction industry has actually resulted in the increased productivity levels as reported by architecture firms,” Baker said.
At the end of September, the AIA released “Cities as Lab”, a report stipulating how innovative design can help strengthen modern urban America. Presented during the National Leadership Speaker Series in Washington D.C., it stressed how resilient cities are better suited to address upcoming social, economic, and physical challenges. The report is part of a larger framework looking to guide the international development agenda for decades to come. As a whole, it seeks to fuel the progress of critical sustainable programs around the world.
Recent economic figures from the Architecture Billings Index (ABI) revealed that summer finished on a high note with a significant rise in the demand for design services. The ABI score for the month of August jumped more than a full point from July climbing up to 53.8 from 52.7 (any score above 50 indicates positive growth). AIA Chief Economist, Kermit Baker, sees positive growth for the industry, but remains cautious about the future. “As business conditions at architecture firms have improved eleven out of the past twelve months, it is fair to say that the design professions are in a recovery mode,” Baker said. “This upturn signals an impending turnaround in nonresidential construction activity, but a key component to maintaining this momentum is the ability of businesses to obtain financing for real estate projects, and for a resolution to the federal government budget and debt ceiling impasse.”
Summer isn’t slowing the demand for design services, according to the AIA’s latest economic figures. In fact, numbers are on the rise. The AIA’s Architecture Billings Index (ABI) for July increased more than a full point spike in non-residential construction activity from June’s ABI score of 51.6 to 52.7 (any score above 50 indicates positive growth). Most notably, the new projects inquiry index produced positive results with a substantial increase from 62.6 the previous month to 66.7 in July.
The winners of AIA Chicago’s Small Project Awards are on display through August 22 at 23 E. Madison St. “Not everyone needs a skyscraper,” reads the awards program’s tagline. The third annual Small Firm/Small Project Awards recognize quality in small Chicago architectural firms (nine or fewer licensed architects and interns) and small local projects. Projects were honored in four categories: Additions/Remodeling, Kitchens, New Construction, and Small Objects.
Numbers are staying strong. AIA’s Architecture Billing Index for the month of June has revealed steady, but positive growth. The June ABI score of 51.6 reflected only a slight drop from May’s score of 52.9, and still indicates a general upswing for the non-residential construction industry. More projects will likely be on the horizon. The new projects inquiry index reported a significant climb in numbers to 62.6 from 59.1 the previous month.
At the AIA’s National Convention in Denver, held from June 19–22, AN’s Emily Hooper sat down with Spanish architect Francisco Mangado, who was in attendance to receive an honorary fellowship. Mangado discussed foreboding amendments to Spain’s law of professional services that would allow engineers, or anyone deemed “competent” in construction, to design and erect buildings across the nation. The law was introduced at a council meeting of Government Ministers in April of 2013, and a final pass-or-fail decision will be reached by the end of this year. Read More
The AIA Gold Medal Award is the highest honor an architect can receive from the American Institute of Architects. Until now, the award could only be presented to individual architects, but the AIA has just announced that as of January 1, 2014 this prestigious award will be open to an individual or two individuals who have equally collaborated on the design and execution of one distinguished architectural body of work that makes a lasting statement on the theory and practice of architecture.