Originally published in Interiors & Sources

09/29/2010

Architectural Billings Index Up, But Not Out of the Red

 
Architectural Billings Index Up, But Not Out of the Red

While it is not yet in the positive phase, in August the Architectural Billings Index (ABI) improved for the third consecutive month. The AIA reported the August ABI score was 48.2, up slightly from the 47.9 in July, but still indicating a decline in demand for design services.

The new projects inquiry index also increased, moving from 53.1 in July to 54.6 in August.

“Project cancellations, regardless of when they happen in the design phase, continue to be the main road block to recovery for the construction sector,” says AIA Chief Economist Kermit Baker. “Numerous projects have been put on hold indefinitely over the last several months with little hope that they will be resumed. Work that is being done is more likely smaller renovation projects, as opposed to new buildings.”


 


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Wood construction is both cost and energy efficient. Check out Morton Buildings and our designBUILD team online today to discover all the benefits of post-frame construction.


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Visit our website today to learn about the design flexibility of a Morton building and the endless possibilities of partnering with our designBUILD team.


Wood construction is both cost and energy efficient. Check out Morton Buildings and our designBUILD team online today to discover all the benefits of post-frame construction.


When choosing a metal-clad building for your next construction project, consider Morton Buildings, Inc., and their designBUILD team, we’ll make your dream a reality.

Bluebeam® Revu® simplifies digital facilities document management from design review to leveraging as-builts, maintenance manuals and O&Ms submittals.

Yaskawa drives offer quality performance for air handlers and cooling towers on the roof to secondary chilled water pumps in the basement

We Can Help You Reduce Energy by 30%

Our mission is to help our customers manage their buildings' energy costs, improve reliability, and enhance performance while having a positive impact on the environment.
CLICK HERE to find out how.


 
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