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    Analysis

    December 20, 2024

    Steady architecture billings signal improving conditions

    Written by Brett Linton

    Architecture firms reported a slight reduction in billings through November but were essentially flat from October, according to the latest Architecture Billings Index (ABI) released by the American Institute of Architects (AIA) and Deltek.

    The November ABI decreased 0.7 points month over month (m/m) to 49.6, the third-highest reading in the past two years (Figure 1). Note that, prior to October, the index indicated declining business conditions for 20 consecutive months.

    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.

    Read more from Brett Linton

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