---
title: ABI Rebounds in February - Concord LP | Concord Energy Strategies
description: "After a slight dip in January, the February Architectural Billings Index is back in positive territory, led by institutional projects. Compiled by the American Institute of Architects, the ABI is a leading economic indicator for construction: It takes approximately nine months to a year between architecture billings and construction spending. “The health of the institutional […]"
image: https://www.concordlp.com/hubfs/Imported_Blog_Media/concord-default-featured-image-Mar-19-2024-10-31-16-1584-AM-Mar-19-2024-11-45-37-5807-AM-Mar-19-2024-12-32-05-0430-PM.jpg
---

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[ABI](https://www.concordlp.com/news/tag/abi)

Published:

 Mar 18, 2015 

 |

Updated:

 Mar 18, 2015 

 |

 2 min

# ABI Rebounds in February

Posted By

[ Concord ](https://www.concordlp.com/news/author/concord)

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After a slight dip in January, the February Architectural Billings Index is back in positive territory, led by institutional projects.

Compiled by the American Institute of Architects, the ABI is a leading economic indicator for construction: It takes approximately nine months to a year between architecture billings and construction spending.

“The health of the institutional market has been the key factor for positive business conditions for the design and construction industry in recent months, and it is encouraging to see that sector remain on solid footing,” said AIA Chief Economist Kermit Baker. “However, we’re seeing some slowing in the other major construction sectors. Design billings for residential projects had its first negative month in over three years, and commercial design billings have seen only modest growth in recent years.”

For more, [visit the following link](http://www.aia.org/press/AIAB105820).

***As construction spending grows, so do opportunities to incorporate energy-efficient designs in your projects — and to earn the Section 179D deduction (up to $1.80 per square foot). As the country’s leading specialist in this deduction, Concord has the experience, knowledge and capacity to handle any project, at every step of the way. Contact us at 888-897-5445 or [via the following link](mailto:dennis@concordlp.com), and find out what Concord can do.***

 

 

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