The spike in firm billings in March may reflect a desire to beat the continued interest rate hikes expected in the coming months, according to AIA Chief Economist Kermit Baker, Hon. AIA, PhD.
The course, Demystifying EPDs in Sustainable Design, helps design professionals understand Environmental Product Declarations when choosing materials for commercial projects.
The 2022 keynote speakers include internationally renowned artist Nick Cave alongside founder, principal, and creative director for art and design studio Faust, Bob Faust; designer, artist, and educator Bruce Mau; and design futurist and educator, Shashi Caan.
Starnet Member LVR Commercial Flooring won the group’s grand prize for its installation on the University Medical Center Health System’s Dimensions II in Lubbock, Texas.
Ongoing external challenges like labor shortages, supply chain disruptions, spiking inflation, and prospects for rising interest rates will likely slow the growth in firm billings in the coming months.
The ABI scores over the last eight months continue to be among the highest ever seen in the immediate post-recession periods that have been captured throughout the index’s history.
The Architecture Billings Index (ABI) recorded its seventh consecutive positive month, according to a new report from The American Institute of Architects (AIA).