Architecture billings fell slightly but remained positive in June

Washington, DC, July 22, 2022 – The Billings Architecture Index score for June was 53.2, according to the American Institute of Architects (AIA).

While this score is down slightly from May’s score of 53.5, it still indicates moderately strong trading conditions overall (any score above 50 indicates an increase in billings from the previous month). Also in June, the indexes for new project inquiries and design contracts moderated from May but continued to show growth, posting scores of 58.2 and 52.2 respectively.

“Ongoing project activity at architectural firms as well as the posting of new work online remains strong, pushing project backlogs up to seven months on average nationwide,” the economist said. in Chief of the AIA, Kermit Baker, Hon. AIA, PhD. “Despite heavy workloads, employment at architectural firms has stabilized, suggesting that hiring new employees is becoming even more difficult as the building construction industry continues to recover. .”

The regional averages were as follows: West (57.8); Midwest (54.8); South (51.5); Northeast (48.7).

The sector index breakdown was institutional (53.5); mixed practice (52.8); multi-family residential (52.6); commercial/industrial (52.5).

Related Topics:The American Institute of Architects

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