Architecture Billings Index Rebounds After Two Down Months

Washington, D.C. -- Following a two month decline in demand for design services, architecture billings got a bounce in October, according to the Architecture Billings Index (ABI), released by the American Institute of Architects (AIA). October's ABI score was 52.0, up from the September score of 49.7.

This score reflects an increase in design services (any score above 50 indicates an increase in billings). During October, both the new project inquiries and design contracts scores moderated from September but remained positive, posting scores of 57.9 and 52.9 respectively.