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    Analysis

    September 18, 2024

    Dismal ABI suggests weakness in non-res construction will persist

    Written by Brett Linton

    The August Architecture Billings Index (ABI) continued to indicate weak business conditions amongst architecture firms through August, according to the American Institute of Architects (AIA) and Deltek.

    The August ABI eased 2.5 points from July to 45.7, the third-lowest figure recorded this year (Figure 1). The index has indicated contracting business conditions for the last 19 months. At this time last year, the index was 47.5, whereas two years prior, it was 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.

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