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Architecture Firms Show Little Change in June08-11-10 | News

Architecture Firms Show Little Change in June




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Courtesy of AIA


With a score of 46.0, the AIA?EUR??,,????'???s Architecture Billings Index (ABI) for June rose by just 0.2 points from May, as the majority of architecture firms continued to report declining billings at their firms. Several of the survey panelists reported that while business conditions started to improve earlier this year, they have weakened again in recent weeks.

Amid growing concern about another downturn, the recently released Consensus Construction Forecast indicates a small recovery in construction spending by the end of 2011, making it more likely that firm billings will begin to improve in the near future. Inquiries at architecture firms remain elevated as owners continue to solicit many bids for their projects.

The increase in bids means it?EUR??,,????'???s that much tougher to land jobs for landscape architects and contractors and does not necessarily mean more added business. ?EUR??,,????'??? Courtesy of AIA

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