Billings End on High Note for 2021
January 19, 2022
Billings End on High Note for 2021
The Architecture Billings Index score for December was 52.0, up one point from the November reading of 51.0. Since any score above 50 indicates growth, demand for architectural services was considered positive.
“Since demand for design projects has been healthy over the last year, recruiting architectural staff to keep up with project workloads has been a growing concern for firms,” said AIA Chief Economist Kermit Baker, PhD, Hon. AIA.
In December the Project Inquiries index was up 7.4 points at 66.8. The Design Contracts index remained at 55.8.
Regional averages for December were as follows:
| Nov | Dec | |
| West | 50.9 | 47.5 |
| South | 53.7 | 56.4 |
| Midwest | 57.6 | 51.0 |
| Northeast | 45.5 | 45.3 |
Describing market conditions, Baker continued, “Architecture is one of the few industries where payrolls have already surpassed their pre-pandemic high, so meeting future staffing needs is a challenge that most firms will need to confront.”
For more information about the Architectural Billings Index, visit the AIA website.
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“The period …
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The Architecture Billings Index score for October was 54.3, down 2.3 points from the September reading of 56.6. However, since any score above 50 indicates growth, demand for architectural services was considered strong.
“Unlike …
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Billings Continued to Increase in September
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Billings Continued to Increase in September
The Architecture Billings Index score for September was 56.6, up one point from the August reading of 55.6.
“The ABI scores over the last eight months continue to be among the highest ever seen …