Architecture Billings Index tumbles in May

The Architecture Billings Index (ABI) declined in May to its lowest level in nearly four years, according to the American Institute of Architects (AIA) and Deltek. The Index continues to indicate weak business conditions amongst architecture firms.

The May ABI score of 42.4 marks the 16th consecutive month the index has been in contraction territory. This time last year the index was 49.9, while two years prior it stood at a positive 52.3.

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.