AIA Architecture Billing Index Turns Negative in April

Share Button

The Architecture Billings Index (ABI) by the American Institute of Architects (AIA) has turned negative for the first time in 5 months this past April as reported by the AIA.  The April score reported was 48.4.  Scores below 50.0 indicate a decline in architecture firm billings.  The AIA chief economist, Kermit Baker, said that this decline is not surprising given the remaining volatility in the overall economy, as well as an unusually warm winter which may have accelerated billings in earlier months.

A one month decline should not cause anyone to panic, however a continued negative trend would be concerning.  Read the AIA press release for full detail of the April ABI scores.

About Michael Corcoran

Michael Corcoran has written 48 post in this blog.

Michael (Mike) Corcoran is a CPA in the Construction Industry Services Group at Aronson. He has over six years servicing construction clients with Aronson and he has worked with a variety of construction contractors, such as electrical, heavy/highway, mechanical, and masonry subcontractors of up to $300 million in annual revenue. Mike specializes in providing assurance and tax services to construction contractors. He graduated with a Bachelor’s of Science Degree in Accounting from West Virginia University in 2004.

View Archives

Blog Authors

Latest Webinar Videos