AIA Northern Virginia
Architecture Billings Continue Growth into 2018
Posted Saturday, March 10

2018 started on a strong note for architecture firms, as the Architecture Billings Index (ABI) saw its highest January score since 2007. The January ABI score was 54.7, up from a score of 52.8 in the previous month. This score reflects an increase in design services provided by US architecture firms (any score above 50 indicates an increase in billings). The new projects inquiry index was 61.1, down from a reading of 62.0 the previous month, while the new design contracts index increased slightly from 53.4 to 53.9.

The Architecture Billings Index (ABI), produced by the AIA Economics & Market Research Group, is a leading economic indicator that provides an approximately nine to twelve month glimpse into the future of nonresidential construction spending activity. Read the full report here.

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