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The Architecture Billings Index recorded its seventh consecutive positive month, according to a new report today from The American Institute of Architects.
National nonresidential construction spending expanded 0.1% in July, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $786.7 billion for the month.
Pent-up demand from the pandemic is creating a general spending surge that is helping to improve the outlook on construction spending over the next two years, according to a new report from the American Institute of Architects.
Demand for design services from U.S. architecture firms continues to grow at a vigorous pace, according to a new report today from The American Institute of Architects.
Strengthening to a score not seen since pre-Great Recession, the Architecture Billings Index logged its second positive mark since the beginning of the pandemic, according to a new report today from The American Institute of Architects.
Continuing the positive momentum of a nearly three-point bump in January, the Architecture Billings Index reached its first positive mark since February 2020, according to a new report from The AIA.
A slight improvement in business conditions has led to fewer architecture firms reporting declining billings, according to a new report from The American Institute of Architects.
Demand for design services from U.S. architecture firms took a pointed dip last month, according to a new report from the American Institute of Architects.
Slowing demand at architecture firms last year is expected to contribute to a projected 5.7 percent decline in construction spending for 2021, according to a new consensus forecast from The AIA.
