Tag Archives: Kermit Baker

Demand for Design Services Rapidly Accelerates

The American Institute of Architects (AIA) reports that demand for design services in March rose sharply from February. AIA’s Architecture Billings Index (ABI) score for March was 58.0, up from February’s score of 51.3. Any score above 50 indicates an … Continue reading

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Demand for Design Services Moderates but Remains Strong

According to a new report from The American Institute of Architects (AIA), architecture firms reported increasing demand for design services in October. The ABI score for October was 54.3, which is down slightly from September’s score of 56.6, but still … Continue reading

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Construction Outlook: No Good News for Labor, Shift in Office Construction

Annual predictions surrounding overall construction activity always include a mix of good and bad news. Perhaps the institutional segment is strong, while office construction is stagnant. Often, economists would point to the future, even a year or two out, and … Continue reading

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Gauges for Builder Confidence and Architectural Billings Offset

Two leading indicators for construction forecasting registered opposing measures recently—one pointing to a downturn in builder confidence, while the other indicates more construction projects could be on the way for multi-family. The National Association of Home Builders (NAHB) announced that … Continue reading

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Architecture Billings in Positive Territory After Year of Decline

A new report from the American Institute of Architects (AIA) shows that the nearly three-point bump in January has continued to carry the Architecture Billings Index (ABI) to its first positive mark since February 2020. AIA’s ABI score for February … Continue reading

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