Billings Decline In November

December 15, 2022

Billings Decline in In November

The Architecture Billings Index score for November was 46.6, dropping 1.1 point from the October score of 47.7. The new Project Inquiries index was 52.0, dropping from last month while remaining positive (scores of 50+ indicate increased demand for design services). The Design Contracts index remained in the negative from last month with a score of 46.9.

“Given the slowdown in new project work, many architecture firms will rely on their near record levels of backlogs to support revenue,” said AIA Chief Economist, Kermit Baker, Hon. AIA, PhD.

Regional averages for November, 2022:

October November
West 49.6 45.8
South 50.6 50.5
Midwest 50.8 47.6
Northeast 50.3 42.4

Sector index breakdown for November, 2022:

October November
Commercial/industrial 45.9 44.2
Mixed practice 50.8 51.5
Multi-family residential 46.1 46.1
Institutional 54.3 47.7

Baker continued, “Still, firm leaders remain largely optimistic about future business trends. Almost two-thirds of architecture firms project that 2023 will be either a good year or great year for their firm.”


For more information about the Architectural Billings Index, visit the AIA website.

Dodge Momentum Index Gains in November

December 13, 2022

Dodge Momentum Index Gains in November
The Dodge Momentum Index increased by 3.8% in November moving to 207.2. This was up from the revised October score of 199.6. The commercial planning index rose 4.3% and the institutional component gained 2.7%.
Continue Reading

Billings Drop in In October

November 21, 2022

Billings Drop in In October
The Architecture Billings Index score for October was 47.7, dropping 4 points from the September score of 51.7. The new Project Inquiries index was 52.3, gaining from last month. The Design Contracts index dropped to …

Billings Moderate, Still Positive In September

October 20, 2022

Billings Moderate, Still Positive In September
The Architecture Billings Index score for September was 51.7, dropping 1.6 points from the August score of 53.3. The new Project Inquiries index was 53.6, down from 57.9 last month. The Design Contracts index …

Dodge Momentum Index Gains in September

October 12, 2022

Dodge Momentum Index Gains in September
The Dodge Momentum Index gained by 5.7% in September moving to 183.2. This was up from the revised August score of 173.4. The commercial planning index rose 2.9% and the institutional component jumped 11.7%.
Continue Reading