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Architecture Billings Index: 2024
The latest data from the AIA. Leading economic indicators by region and sector.
Architecture Billings Index: Historical Data
ABI data 2008-2023. "Those who cannot remember the past are condemned to repeat it."
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Electric Avenue — News Impacting Lighting Markets: July 2024
A flurry of electrical distributor acquisitions. Plus, rising costs show some early signs of retreating.
Architecture Billings Remain in Decline
Value of newly signed design contracts drops for third month in a row
Nine Construction Economists Predict Varied Growth for 2024-25
Commercial property values drop 13.5% since mid-2022, with office and apartment sectors hardest hit
Halfway Through 2024, Lighting Stocks Lag Market
Despite a healthy S&P 500, many lighting stocks lag significantly behind
NEMA Survey Reveals Positive Six-Month Outlook
Future conditions component among electrical manufacturers peaks at highest level since Spring 2021
Pulse of Lighting: The Latest Report
The just-published Pulse of Lighting report reveals a "challenged" lighting market
Architecture Business Conditions Continue Downward Trend
For the third consecutive month, every building category and every region shows a drop in billings
Uptick in Education, Warehouse & Single-Family Construction Starts
Total construction starts rise in the Midwest, South Atlantic and South Central regions but fell in the Northeast and West regions
NEMA Survey Reflects Cautious Optimism Among Manufacturers
Elections, inflation, and tariffs contribute to mixed expectations among industry stakeholders
Commercial Planning Up, Institutional Projects Down
$350+ million projects get rolling in Nevada, Texas and Tennessee
Architectural Billings Decline for Ninth Consecutive Month
Project inquiries are up, but every region and all reported sectors experience decline
Insights from the Latest LED Adoption Report
No surprise, D.O.E. reports LED usage increase. Also, eye-opening insights into controls and energy consumption.
Commercial Sector Powers Through With Strong April
$275+ million projects get rolling in Virginia, Arizona and California
NEMA Panel Predicts Improved Conditions in Six Months
Current conditions are reportedly shaky, but 73% of survey respondents expect better future conditions
Construction Starts See Another Monthly Dip
Gains in single family and infrastructure starts were not enough to offset 9% decline in nonresidential buildings
Architectural Billings Prolonged Slump Continues
Months of underwhelming billings attributed to inflation and supply chain issues
NEMA Industry Survey: Steady with a Dash of Caution
Future outlook dips slightly amidst economic and political uncertainties
Commercial Project Planning Stumbles in March
Major projects in Texas, Virginia and South Carolina bolster commercial planning despite broader slump
6 Key Takeaways from Signify's Annual Report
In a down year, the United States underperformed vs. Rest of World
NEMA Panel Expresses Cautious Optimism
Business confidence survey reveals a tempered but hopeful outlook.
C&I Building Starts Dip Slightly to Begin 2024
Large projects get rolling in Utah, Texas and Michigan
Design Billings Soften for Sixth Consecutive Month
This now marks the lengthiest period of declining billings since 2010–2011
NEMA Survey Reveals Continued Industry Confidence
The current conditions index hits a four-month high, signaling cautious optimism
Architecture Firms Face Continued Decline in Billings
All sectors finish 2023 on down note, but new project inquiries tick up slightly
Construction Starts Grow 20% in December
$800+ million mega projects get rolling in Texas and Illinois
C&I Planning Activity Remains Robust Going into 2024
Large $400+ million projects get rolling in Texas, Alabama and Minnesota
Pulse of Lighting: The Latest Report
Pulse of Lighting reveals continued sluggishness to end '23 and cautious optimism for '24.
Industry Confidence Rises Amid Economic Challenges
Despite inflation concerns, the Electroindustry Business Confidence Index shows marked improvement
Business Conditions Remain Soft at Architecture Firms
The West faces significant challenges, marked by the lowest figures and nine consecutive months of decline
NEMA: Industry Optimism Reaches New Heights
Rising interest rates emerge as a potential dampener on electroindustry demand
Construction Starts Drop 7% in October
Large $350+ million projects get rolling in Idaho, West Virginia and New York
Design Billings: Continuing Trend of Decreasing Demand
Commercial and multifamily sectors hit hard in October 2023 ABI report
Warehouse Planning Helps Keep Construction Momentum Steady
Other large $200+ million projects get rolling in Missouri, Oregon and Nevada.
Latest NEMA Report Shows Uptick in Business Confidence
Optimism in electrification and construction sectors drives positive outlook despite geopolitical tensions
Megaproject Delays Lead to 6% Construction Dip
Some large projects still get rolling including $350+ million ventures in Georgia, Wisconsin and Arizona
Architecture Billings Index Reaches Lowest Point Since 2020
Activity in Western U.S. contracts for the seventh consecutive month
Current Undergoes Strategic Reorganization
Restructuring results in layoffs, aims for heightened operational efficiency
Commercial Planning Slows Down; Institutional Pushes Ahead
Three projects, each valued at $400M+ get rolling in California
Pulse of Lighting: The Latest Report
Pulse of Lighting survey revealed a continued sluggishness in the US lighting market, barely showing positive on a national basis
Industry Confidence Report Highlights Optimism & Concerns
Despite economic fluctuations, industry confidence shows steadfastness in September
Trends Indicate a Slowdown in Architecture Billings
Activity in Western U.S. contracts for the sixth consecutive month
Architecture Billings: Stable
C&I activity strengthens a smidge, while multifamily projects slow their pace
Confidence Survey Captures Industry’s Mood Swings
Future conditions component suggests growth ahead
Architecture Billings: Stable
Architecture firms reported flat billings in June, according to the latest Architecture Billings Index (ABI) from the American Institute of Architects (AIA)
2023 Construction Pace Robust, but Expected to Slow in 2024
We are possibly in the midst of record construction spending, but will inflation undermine the boom?