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    February 20, 2025

    Architecture firm billings remain down in January

    Written by David Schollaert

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

    The January ABI edged up 1.5 points month over month (m/m) to 45.6, still one of the lowest readings over the past year (Figure 1). Despite the slight improvement, the index remains in contraction, indicating business conditions continue to decline.

    David Schollaert

    David Schollaert is deputy editor-in-chief for Steel Market Update. David joined SMU after more than a decade in the metals and mining industry in a myriad of different roles. Much of his early experience and expertise were within the coverage and analysis of steel-making raw materials and served previously as senior editor of the CRU Prices Service. Most recently, however, before his return to market analysis, David held roles as a metals buyer and an operations manager for raw material suppliers. He can be contacted at david@steelmarketupdate.com or 724-720-1008.

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