Economy
September 23, 2021
August Architectural Billings Index: Seventh Month of Improvement
Written by Brett Linton
Demand for design services from architecture firms in the U.S. improved for the seventh consecutive month, said the American Institute of Architects. AIA’s Architecture Billings Index rose from 54.6 in July to 55.6 in August. The ABI has expanded each month since January.
The index for new project inquiries fell by 0.3 points to 64.7, while the new design contracts index slipped 1.4 points to 56.6, said AIA.
