Architecture Billings Index continues to stabilize but remains healthy

{"version":"0.3.0","atoms":[],"cards":[],"markups":[["strong"],["a",["href","https:\/\/www.aia.org\/resources\/10046-architecture-billings-index-abi"]],["b"]],"sections":[[1,"p",[[0,[0],1,"WASHINGTON \u2013 July 20,\n2022 \u2013"],[0,[],0," Architecture firms reported increasing demand for\ndesign services in June, according to a new report today from The American\nInstitute of Architects (AIA).\n\n"]]],[1,"p",[[0,[],0,"The ABI score for June\nwas 53.2. While this score is down slightly from May\u2019s score of 53.5, it still\nindicates moderately strong business conditions overall (any score above 50 indicates\nan increase in billings from the prior month). Also in June, both the new\nproject inquiries and design contracts indexes moderated from May but continued\nto show growth, posting scores of 58.2 and 52.2 respectively. \n\n"]]],[1,"p",[[0,[],0,"\u201cOngoing project\nactivity at architecture firms as well as new work coming online remains\nstrong, pushing project backlogs up to seven months on average nationally,\u201d\nsaid AIA Chief Economist, Kermit Baker, Hon. AIA, PhD. \u201cIn spite of heavy\nworkloads, employment at architecture firms has stabilized, suggesting that adding\nnew employees is becoming even more challenging as the building construction\nsector continues to recover.\u201d"]]],[1,"p",[[0,[0],1,"Key ABI highlights for\nJune include:"]]],[3,"ul",[[[0,[],0,"Regional averages: West (57.8); Midwest (54.8);\nSouth (51.5); Northeast (48.7)"]],[[0,[],0,"Sector index breakdown: institutional (53.5); mixed\npractice (52.8); multi-family residential (52.6); commercial\/industrial (52.5)"]]]],[1,"p",[[0,[],0,"The regional and\nsector categories are calculated as a three-month moving average, whereas the\nnational index, design contracts and inquiries are monthly numbers."]]],[1,"p",[[0,[],0,"Visit "],[0,[1],1,"AIA\u2019s website"],[0,[],0," for more ABI information."]]],[1,"p",[]],[1,"p",[[0,[2],1,"About AIA"]]],[1,"p",[[0,[],0,"Founded\nin 1857, AIA consistently works to create more valuable, healthy, secure, and\nsustainable buildings, neighborhoods, and communities. Through more than 200\ninternational, state and local chapters, AIA advocates for public policies that\npromote economic vitality and public wellbeing."]]],[1,"p",[[0,[],0,"AIA provides members with tools and resources to assist them\nin their careers and business as well as engaging civic and government leaders\nand the public to find solutions to pressing issues facing our communities,\ninstitutions, nation, and world. Members adhere to a code of ethics and conduct\nto ensure the highest professional standards."]]]]}