Business Conditions at Architecture Firms Continue Decline in April Index – Construction Forum
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Business Conditions at Architecture Firms Continue Decline in April Index – Construction Forum
From AIA: The AIA/Deltek Architecture Billings Index (ABI) dropped to 43.2 in April, down from 44.1 in March. This decline reflects an accelerated decrease in billing activity. Billings have decreased in 28 out of the past 31 months, following their initial drop into negative territory after the post-pandemic boom. New project inquiries decreased for the third month in a row in April, and the value of new design contracts has declined at the ma…
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