Market Data
October 24, 2024
Architecture Billings Index remains dismal in September
Written by Brett Linton
Architecture firms continued to experience soft business conditions through September, according to the latest Architecture Billings Index (ABI) release by the American Institute of Architects (AIA) and Deltek.
The September ABI held stable at 45.7, down 2.5 points from July and tied with August for the third-lowest level seen so far this year (Figure 1). The Index has shown contracting business conditions for 20 consecutive months. Last September, the index was in contraction at 45.3, whereas two years prior it was in expansion at 51.4.

