The Architecture Billings Index (ABI) recorded its seventh consecutive positive month, according to a new report from The American Institute of Architects (AIA).
The ABI score for August was 55.6, up from July’s score of 54.6. Any score above 50 indicates an increase in billings from the prior month. During August, scoring for both the new project inquiries and design contracts moderated slightly but remained in positive territory, posting scores of 64.7 and 56.6 respectively.