Billings Down Slightly, Remain Healthy

July 20, 2022

Billings Down Slightly, Remain Healthy

The Architecture Billings Index score for June was 53.2, dipping less than a point from the May register of 53.5. The Project Inquiries index was 58.2, down from 63.9. The Design Contracts index scored 52.2, down from 56.9. Scores above 50 indicate increased demand for design services.

“Ongoing project activity at architecture firms as well as new work coming online remains strong, pushing project backlogs up to seven months on average nationally,” said AIA Chief Economist, Kermit Baker, Hon. AIA, PhD.

Regional averages for June, 2022:

	May	June
West	59.3	57.8
South	52.3	51.5
Midwest	56.8	54.8
Northeast	51.4	48.7

Sector index breakdown for June, 2022:

	May	June
Commercial/industrial	57.7	52.5
Mixed practice	56.2	52.8
Multi-family residential	54.5	52.6
Institutional	51.7	53.5

Baker continued, “In spite of heavy workloads, employment at architecture firms has stabilized, suggesting that adding new employees is becoming even more challenging as the building construction sector continues to recover.”

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For more information about the Architectural Billings Index, visit the AIA website.