Commercial/Industrial: 58.1 Institutional: 53.5 Residential: 56.1 30 40 50 60 70 Sep-21 May-21 Jan-21 Sep-20 Regional Firms in the Midwest, South report strongest billings Graphs represent data from September 2020–September 2021 across 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: 56.0 Midwest: 57.7 South: 57.0 Northeast: 51.5 30 40 50 60 70 Sep-21 May-21 Jan-21 Sep-20 National Business conditions at architecture firms strengthen further in September Graphs represent data from September 2020–September 2021. Above 50 Below 50 No change from previous period Billings Inquiries Design Contracts Architecture Billings Index (ABI) September 2021 Practice Architecture firms are most heavily invested in technologies to assist with managing their firm and projects units: % of firms, rating degree of implementation at their firm of each technology type Sector Conditions remain strong at firms of all specializations Graphs represent data from September 2020–September 2021 across 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-21 Aug-21 Jul-21 Jun-21 May-21 Apr-21 Mar-21 Feb-21 Jan-21 Dec-20 Nov-20 Oct-20 Sep-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 56.6 46.1 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%
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
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%
Related Documents
