Industry News




07/18/2012

A Drop in Demand for Design Services?

 
Will the design market recover after the summer slump?

The Architecture Billings Index (ABI) saw more poor conditions in June, indicating a drop in design activity at U.S. architecture firms, and suggesting upcoming weakness in spending on nonresidential construction projects.

As a leading economic indicator of construction activity, the ABI reflects the approximate nine to twelve month lag time between architecture billings and construction spending. The American Institute of Architects (AIA) reported the June ABI score was 45.9, nearly identical to the mark of 45.8 in May. This score reflects a decrease in demand for design services (any score above 50 indicates an increase in billings). The new projects inquiry index was 54.4, up slightly from mark of 54.0 the previous month.

“The downturn in design activity that began in April and accelerated in May has continued into June, likely extending the weak market conditions we’ve seen in nonresidential building activity ,” says AIA Chief Economist, Kermit Baker, PhD, Hon. AIA.  “While not all firms are experiencing negative conditions, a large share is still coping with a sluggish and erratic marketplace.”

Will the weak market conditions persist moving into the summer months?

June 2012 Key ABI Highlights:

Regional averages: Midwest (48.0), South (47.6), Northeast (46.4), West (44.3)

Sector index breakdown: multi-family residential (49.0), commercial / industrial (46.9), institutional (46.0), mixed practice (45.9)

Project inquiries index: 54.4

 

Xcel Energy’s Data Center Efficiency program can help data centers and large-scale IT operations improve reliability and energy efficiency.


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. 

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.

Xcel Energy’s Data Center Efficiency program can help data centers and large-scale IT operations improve reliability and energy efficiency.


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. 

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.


 
comments powered by Disqus
08/27/2015

Large improvements drive water conservation on West Coast.

08/26/2015

Data breaches becoming more common.

08/25/2015

Research shows link between extreme weather events and long power disruptions.

08/24/2015

Specifications to improve wall resiliency.

08/21/2015

New resource can help FMs create scope of custodial work.

08/20/2015

Rule created to stem Legionnaires’ disease outbreak.

08/19/2015

Portable devices encourage sedentary workers to exercise while seated.

08/18/2015

PACE program to drive building improvements.

08/17/2015

Survey shows management systems can streamline work order process.

08/14/2015

Tool will help schools improve air quality.

08/13/2015

Proposed ASHRAE rule to improve communication about energy consumption, forecasts.

08/12/2015

Installations rise as electricity costs drop to an all-time low.

08/11/2015

Linear, low-bay/high-bay LEDs spotlighted as best choices for commercial retrofits.

08/10/2015

Wind, solar set for big increases.

08/07/2015

New requirement will cut food waste.

08/06/2015

ICC, ASHRAE will streamline compliance path for IgCC and Standard 189.1.

08/05/2015

Benefits inspire positive health changes for workers.

08/04/2015

New program from the EPA will cut GHG emissions.

08/03/2015

LED, smart control adoption will help FMs meet energy goals.

07/31/2015

Guidelines will apply to all in-patient settings.

Page 1 of 56
FirstPrevious[1]2345678910NextLast

Sponsored Links