Durability + Design
 
About  |  Subscribe  |  Advertise  |  Connect 
Follow us on Twitter Like us on Facebook

 

Get your FREE e-resource: The Technology of Coatings in High-Rise Structures

D+D 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.

Atlas Material Testing Technology

Helping You Put Your Products To The Test

• Outdoor Accelerated
Weathering
• Laboratory Testing
Services
• Accelerated Weathering
Instruments

www.atlas-mts.com atlas.info@ametek.com


KTA-Tator, Inc. - Corporate Office
KTA Analyzes
Coating Failures

• Field Diagnosis
• Lab Diagnosis
• Determination of Cause
• Recommendations
www.kta.com
800-245-6379


Dumond Chemicals Inc.
LEAD STOP®
Lead Encapsulating Compound

is a thick elastomeric coating that is made to be a long lasting barrier over lead-based paint. LEAD STOP® provides a protective barrier coat that seals and locks in lead that is contained in old lead-based paints on previously painted surfaces.


AGC Chemicals
LUMIFLON®FEVE Resins Are The Subject Of School Roof Restoration

Ideal for school roofs, LUMIFLON based coatings
can last up to 30 years
without fading, offering a low-maintenance solution
that retains color and gloss
and can be field-applied.


Armorthane
Corrosion Coatings for Protection and Repair

Buy POLYURETHANE or POLYUREA coatings and spray surfaces for years of proven chemical resistance, water- and weather-proofing, and structural improvements.


Chicago Corrosion Group
Vendor-neutral corrosion consulting

What you don’t know about painting is costing you a fortune. Call today to see how CCG’s vendor-neutral, owner’s advocacy saves our clients millions.


AIA Convention

 
 
 

Technology Publishing Co., 2100 Wharton Street, Suite 310, Pittsburgh PA 15203-1951

TEL 1-412-431-8300  • FAX  1-412-431-5428  •  EMAIL webmaster@durabilityanddesign.com


The Technology Publishing Network

Durability + Design PaintSquare the Journal of Protective Coatings & Linings Paint BidTracker

 

© Copyright 2012-2015, Technology Publishing Co., All rights reserved