Demand for design services grew at an accelerated pace in August reaching an AIA Architecture Billings Index (ABI) score of 53.3 compared to 51 in July.
Architecture firms are beginning to feel the impact of labor shortage across the construction industry, according to the latest Architecture Billings Index issued in September.
Inforgraphic: the Architectural Billing Index posted a second consecutive month of contraction in December, through demand for multi-family residential projects continues strongly.
Following rising demand for architectural design services throughout most of 2013, the Architectural Billing Index posted a second consecutive month of contraction in December, through demand for multi-family residential projects continues strongly.
Following consistently increasing demand for design services throughout most of 2013, the ABI has posted its first consecutive months of contraction since May and June of 2012, though strong demand continues for multi-family residential projects.