AIA: Architecture firms still under pressure

Architecture firms reported a modest improvement in billings through August, yet business conditions remained soft, according to the latest Architecture Billings Index (ABI) release from the American Institute of Architects (AIA) and Deltek.

The August ABI ticked up one point from July to 47.2, matching May for the strongest reading seen since November (Figure 1). The ABI has been in contraction for all but two months since October 2022, indicating consistently weakening business conditions since the post-pandemic rally.

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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