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Commercial/Industrial: 46.9 Institutional: 50.6 Residential: 50.5
40
45
50
55
60
Aug-19Apr-19Dec-18Aug-18
SectorCommercial/industrial firms bear the brunt of the billings decline
Graphs represent data from August 2018–August 2019 across the three sectors. 50 represents the diffusion center.A score of 50 equals no change from the previous month. Above 50 shows increase; Below 50 shows decrease. 3-month moving average.
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45
50
55
60
Aug-19Apr-19Dec-18Aug-18
RegionalBillings drop sharply at Midwest firms and also decline at firms in Northeast and South
Graphs represent data from August 2018–August 2019 across the four regions. 50 represents the diffusion center. A score of 50 equals no change from the previous month. Above 50 shows increase; Below 50 shows decrease. 3-month moving average.
West:
51.2Midwest:
46.4
South:
48.2Northeast:
49.1
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45
50
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65
BillingsInquiriesDesign Contracts
Aug-19Jul-19Jun-19May-19Apr-19Mar-19Feb-19Jan-19Dec-18Nov-18Oct-18Sep-18Aug-18
50.2
47.2
53.8 53.5 50.3
NationalFirms report rare decline in both billings and in new project work in August
Graphs represent data from August 2018–August 2019.
Above 50 Below 50
No changefrompreviousperiod
BillingsInquiriesDesign Contracts
Architecture Billings Index (ABI)August 2019
PracticeWhile few U.S. architecture firms currently work internationally, most either have in the past, have plans to pursue, or would consider pursuing international projects
units: attitudes toward working internationally; % of firms
13.2%Nothing current, but projectsover past 5 years
10.2%Have current projects
No projects within 5 years,but potential plans
34.7%No specific plans, but might
consider for right project
28.5%Probably or definitely wouldn’t consider any international projects
13.4%
The Architecture Billings Index (ABI) is a diffusion index derived from the monthly Work-on-the-Boards survey, conducted by the AIA Economics & Market Research Group. The ABI serves as a leading economic indicator that leads nonresidential construction activity by approximately 9-12 months. The survey panel asks participants whether their billings increased, decreased, or stayed the same in the month that just ended. According to the proportion of respondents choosing each option, a score is generated, which represents an index value for each month. An index score of 50 represents no change in firm billings from the previous month, a score above 50 indicates an increase in firm billings from the previous month, and a score below 50 indicates a decline in firm billings from the previous month.
*All graphs represent data from August 2018–August 2019.
National Regional Sector Practice
ABI