News

Architectural billings declined for a second straight month in December — the first consecutive-month drop since mid-2012, according to the Architectural Billings Index.

Spending on architectural design declined in November, the first decrease since April according to the Architectural Billings Index

After three months of impressive gains, architectural billings slackened somewhat in October, according to the Architectural Billings Index — they continued to increase, but at a slower pace.

An increased productivity at design forms has driven the Architectural Billings Index higher.

Architectural billings continued to increase in August, according to the Architectural Billings Index, suggesting that April’s decline was a blip rather than a trend.

Spending on architectural work continues to increase, according to the Architectural Billings Index.

April’s decline in architectural billings is starting to look like a blip: June’s Architectural Billings Index shows a second straight month of growth.

Less activity than expected in nonresidential construction during the first part of 2013 — in particular, institutional projects — has caused the participants in the American Institute of Architects’ semi-annual Consensus Construction Forecast to reduce their projections of construction spending for the rest of the year — although they have raised their projection for next year’s spending, to an increase of 7.6%.

Architectural billings came back strongly in May, according to the Architectural Billings Index.