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