Following a sizable decrease in demand for design services in March, the April Architecture Billings Index (ABI) climbed back into positive territory according to a new report today from The American Institute of Architects (AIA).

New York, New York (May 22, 2019) — The value of new construction starts in April fell 15% to a seasonally adjusted annual rate of $685.2 billion, pulling back following the 16% hike that was reported in March, according to Dodge Data & Analytics.  Steep declines were registered by two of the three main construction sectors.  Nonbuilding construction, which is co

Recent data indicates strong financial performance industrywide for AEC.  Zweig Group’s annual “Financial Performance Survey of AEC Firms,” released April 4, 2019, identified a strong positive trend in multiple key financial indicators, including profit, revenue, staff growth and backlog.