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【World Property Journal】Architecture Billings Index in U.S. Remains Flat in July

【World Property Journal】Architecture Billings Index in U.S. Remains Flat in July

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According to a new report released today from The American Institute of Architects, U.S. demand for design services in July 2019 remained essentially flat in comparison to the previous month.

AIA's Architecture Billings Index (ABI) score of 50.1 in July showed a small increase in design services since June 2019, which was a score of 49.1. Any score above 50 indicates an increase in billings.

In July, the design contracts score dipped into negative territory for the first time in almost a year. Additionally, July billings softened in all regions except the West, and at firms of all specializations except multifamily residential.
 

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