Durability + Design

Building Performance and Aesthetics

A Product of Technology Publishing
JPCL/PaintSquare | D+D | Paint BidTracker

Subscribe to D+D Magazine

Paint and Coatings Industry News

Main News Page


Architecture Billings Hint at Expansion Trend with Third Consecutive Monthly Increase

Wednesday, February 22, 2012

More items for Color + Design

Comment | More

Hinting at signs of an expansion trend, the American Institute of Architects’ Architecture Billing Index (ABI) remained in positive territory in January for a third consecutive month of healthier demand for design services.

The index reading of 50.9 in January followed December’s 51.0, suggesting slight growth in billings, but growth nonetheless. The index, a leading economic indicator of construction activity, reflects the approximate nine- to 12-month lag time between architecture billings and construction spending; any score above 50 indicates an increase in billings.

The new projects inquiry index was 61.2, down a notch from a reading of 61.5 the previous month.

“Even though we had a similar upturn in design billings in late 2010 and early 2011, this recent showing is encouraging because it is being reflected across most regions of the country and across the major construction sectors,” said AIA Chief Economist Kermit Baker.

“But because we still continue to hear about struggling firms and some continued uncertainly in the market, we expect that overall economic improvements in the design and construction sector to be modest in the coming months.”

Regional Figures

Regional averages were 53.7 for the Midwest, 51.6 for the South, 50.7 for the Northeast, and 45.6 for the West. By sector, index averages were 52.6 for multifamily residential, 52.2 for commercial/industrial, 51.1 for institutional, and 46.1 for mixed practice.

The regional and sector categories are calculated as a three-month moving average; the Architecture Billings Index and new-projects inquiries are monthly numbers.

   

Tagged categories: American Institute of Architects; Billings; Construction; Economy; Market trends

Comment Join the Conversation:

Sign in to our community to add your comments.

PPG  Architectural Coatings / Porter Paints / PGH Paints
Property Maintenance Solutions

Glidden Professional at The Home Depot® provides property managers with professional paint recommendations, project planning and FREE jobsite delivery.


Chemique Inc.
Graffiti Control Made Easy!TM

Artisan® Anti-Graffiti products for quick and easy removal of graffiti. Can be applied onto wood, brick, natural stone, concrete, stucco, metal, painted surfaces, and more. Water based and VOC compliant.


Westcoat
Bringing New Colors To Concrete Surfaces

Liven up your concrete surfaces with Westcoat's newest color choices. Introducing a myriad of Fast Stain, Liquid Dazzle, and Texture-Crete Interior colors.


Armakleen Company, The
No Ordinary Soda

ARMEX® baking soda-based abrasives from the makers of ARM & HAMMER® products offers over 12 formulas specially engineered for your application and your budget.


Arroworthy
ArroWorthy's Handcrafted Professional Brushes

One Dip of paint with our handcrafted semi-oval Rembrandt brush, you'll see why ArroWorthy makes a professional brush of unrivaled quality and performance.


BASF
New resins from BASF will have metals loving water:

Excellent corrosion resistance, low VOC, high gloss, thin films basf.us/industrialcoatings
polyorders@basf.com
800-231-7868


Dumond Chemicals Inc.
Watch Dog® Wipe Out
Porous Surface Graffiti Remover

is formulated to effectively and easily remove existing graffiti from porous/unpainted masonry surfaces 15-30 minutes without surface damage while being both safe for the applicator and friendly to the environment.

 
 
 
Technology Publishing

The Technology Publishing Network

The Journal of Protective Coatings & Linings (JPCL) PaintSquare
Durability + Design Paint BidTracker JPCL Europe

 
EXPLORE D+D:      Interact   |   Blogs   |   Resources   |   Buying Guides   |   Webinars   |   White Papers   |   Classifieds
GET D+D:      Subscribe   |   Advertising Media Kit
KNOW D+D:      About D+D   |   Privacy policy   |   Terms & conditions   |   Site Map   |   Search   |   Contact Us
 

© Copyright 2010-2014, Technology Publishing, Co., All rights reserved
2100 Wharton Street, Suite 310, Pittsburgh PA 15203-1951; Tel 1-412-431-8300; Fax 1-412-431-5428; E-mail webmaster@paintsquare.com