Study highlights top challenges in megaprojects, from budget overruns to jobsite risks, and the role of shop-applied steel protective coatings in improving timelines
May 1, 2025
The new Sherwin-Williams research report, Construction Insights, reveals the most pressing challenges facing leaders in advanced manufacturing construction, including widespread project delays, budget pressures and jobsite safety concerns.
The AIA/Deltek Architecture Billings Index (ABI) continues to weaken posting a score of 45.5 for February, indicating that a majority of firms are still experiencing declining firm billings.
August marked the nineteenth consecutive month of declining billings for architecture firms, according to the latest data from the AIA/Deltek Architecture Billings Index. The pace of decline during August accelerated, posting an ABI score of 45.7, a decrease from 48.2 in July.
July marked the eighteenth consecutive month of declining billings for architecture firms, according to the latest data from the AIA/Deltek Architecture Billings Index.
Business conditions remain soft at architecture firms in June with the AIA/Deltek Architecture Billings Index reporting a score of 46.4. Any score below 50 indicates that billings decline, although somewhat fewer firms reported a decline in billings in June than in May.
Spending on nonresidential buildings is projected to increase more than 7% this year, according to The American Institute of Architects mid-year Consensus Construction Forecast.
Architecture firm billings remained soft in April, with an AIA/Deltek Architecture Billings Index (ABI) score of 48.3 for the month. The score rose from 43.6 in March but still indicates that billings continue to decline at most architecture firms.