After over a year and half of steady growth, the end of 2022 saw the start to a slow decline in billings for architects. The trend continues. The monthly Architecture Billings Index (ABI) put out each month by The American Institute of Architects (AIA) reported a score of 48.0 for the month of February. (Any score below 50 indicates a decrease in billings from the previous month.) In January the ABI score was 49.3.
In its report the AIA said this latest decline reflects “an extension of a recent downturn in design activity.” While the national average for billings has dropped since last month,
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