U.S. Architecture Billings Index Slips in March
According to a new data released this week today from The American Institute of Architects (AIA), following consistently increasing demand for design services for over two years, the Architecture Billings Index (ABI) dipped into negative territory in March 2019. The ABI score for March was 47.8, down from 50.3 in February. Indicators of work in the pipeline, including inquiries into new projects and the value of new design contracts remained positive.