Transcript
Commercial/Industrial: 58.1 Institutional: 53.5 Residential: 56.1
30
40
50
60
70
Sep-21May-21Jan-21Sep-20
RegionalFirms in the Midwest, South report strongest billings
Graphs represent data from September 2020–September 2021across the four regions. 50 represents the diffusion center. A score of 50 equals no change from the previous month. Above 50 shows increase; Below 50 shows decrease. 3-month moving average.
West:
56.0Midwest:
57.7
South:
57.0Northeast:
51.530
40
50
60
70
Sep-21May-21Jan-21Sep-20
NationalBusiness conditions at architecture firms strengthen further in SeptemberGraphs represent data from September 2020–September 2021.
Above 50 Below 50
No changefrompreviousperiod
BillingsInquiriesDesign Contracts
Architecture Billings Index (ABI)September 2021
PracticeArchitecture firms are most heavily invested in technologies to assist with managing their firm and projectsunits: % of firms, rating degree of implementation at their firm of each technology type
SectorConditions remain strong at firms of all specializations
Graphs represent data from September 2020–September 2021across the three sectors. 50 represents the diffusion center. A score of 50 equals no change from the previous month. Above 50 shows increase; Below 50 shows decrease. 3-month moving average.
40
45
50
55
60
65
70
75
Sep-21Aug-21Jul-21Jun-21May-21Apr-21Mar-21Feb-21Jan-21Dec-20Nov-20Oct-20Sep-20
The Architecture Billings Index (ABI) is a diffusion index derived from the monthly Work-on-the-Boards survey, conducted by the AIA Economics & Market Research Group. The ABI serves as a leading economic indicator that leads nonresidential construction activity by approximately 9-12 months. The survey panel asks participants whether their billings increased, decreased, or stayed the same in the month that just ended. According to the proportion of respondents choosing each option, a score is generated, which represents an index value for each month. An index score of 50 represents no change in firm billings from the previous month, a score above 50 indicates an increase in firm billings from the previous month, and a score below 50 indicates a decline in firm billings from the previous month.
*All graphs represent data from September 2020–September 2021.
National Regional Sector Practice
ABI
57.1 56.646.1 42.3 55.6
0% 20% 40% 60% 80% 100%
Emerging technologies (e.g., augmented reality, artificial intelligence, wearable
technology, Blockchain, robotic process automation, parametric design)
Energy/carbon/building performance technology solutions (e.g., Tally, FEMA
Firmette, eQUEST, Sefaira, EC3, Athena)
Social media profile for firm
Firm management technology solutions
Project management & delivery technology solutions
Communication & collaboration technology solutions
Very low–we have adopted only one to two technolo-gies in this category
Moderately low–we have adopted only a few technologies in this category
Medium–we have adopted technologies sufficient for our work
Moderately high–we have made some notable investment in technologies in this area
Very high–we have fully invested in technology in this area
5%
5%
18%
27%
top related