Architecture Billings Index Down Slightly in March
The Architecture Billings Index (ABI) is reflecting a steady upturn in design activity. The American Institute of Architects reported the March ABI score was 51.9, down from a mark of 54.9 in February. This score reflects an increase in demand for design services (any score above 50 indicates an increase in billings).
The new projects inquiry index was 60.1, down from the reading of 64.8 the previous month.