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    Analysis

    May 23, 2024

    Architecture Billings Index remains soft in April

    Written by Brett Linton

    The Architecture Billings Index (ABI) from the American Institute of Architects (AIA) and Deltek indicated architecture firm billings remained soft through April. While the latest index reading does not indicate improving business conditions, it is one of the higher measures seen in recent months, suggesting the recent slowdown could be diminishing.

    The April ABI score of 48.3 is now the highest rate recorded since July. The Index has remained in contraction territory since February 2023. This time last year the index was 48.1, two years prior it was 55.1.

    Brett Linton

    Brett Linton is a digital operations analyst for Steel Market Update, where he began his career. Linton has been in the steel industry since 2010. He has held roles as a category manager and strategic insights director at Reibus before returning to SMU in 2024. He is a graduate of The University of North Georgia with a degree in Finance and Accounting. Brett can be reached at brett@steelmarketupdate.com or 724-314-0179.

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