Architecture firm billings fell in December on market uncertainty

Architecture firms reported a sharp reduction in billings in December, according to the latest Architecture Billings Index (ABI) released by the American Institute of Architects (AIA) and Deltek.

The December ABI fell 5.5 points month over month (m/m) to 44.1, shifting from one of the highest readings in two years to one of the lowest (Figure 1). The Index has declined each of the past two months, and has indicated declining business conditions for all but two months since October 2022.

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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