ABI remains soft despite July gains

The July Architecture Billings Index (ABI) continued to indicate weak business conditions among architecture firms, according to the American Institute of Architects (AIA) and Deltek. Coming in at 48.2, the July ABI score has recovered nearly six points over the last two months following the near four-year low recorded in May.

The ABI is a leading economic indicator for nonresidential construction activity. It can project business conditions approximately 9-12 months down the road. Any score above 50 indicates an increase in billings, while a score below that indicates a decrease.

Construction

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.

Brett Linton

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