Economy
October 22, 2015
ABI Rebounds in September
Written by Sandy Williams
The September Architecture Billings Index rebounded from August’s dip into negative territory. September’s ABI score was 53.7 up from 49.1 the previous month, continuing the see-saw pattern the index has shown throughout 2015.
“Aside from uneven demand for design services in the Northeast, all regions are project sectors are in good shape,” said AIA Chief Economist Kermit Baker, Hon. AIA, PhD. “Areas of concern are shifting to supply issues for the industry, including volatility in building materials costs, a lack of a deep enough talent pool to keep up with demand, as well as a lack of contractors to execute design work.”
