ABI Remains Strong in December, Concludes Year of Growth

American Institute of Architects
January 29, 2018
COMMERCIAL, FABRICATION

Architecture firms ended 2017 with strong billings, according to Architecture Billings Index, compiled by the American Institute of Architects. Ending on a score of 52.9 for December, the index concluded a year that saw billings increase overall for 10 out of the 12 months. Readings from the end of the year predict continued increases into 2018, with firms reporting six-month backlogs. New project inquiries also remained at a healthy level, indicating a robust market in the new year.

Almost all geographical regions in the United States enjoyed year-end growth, according to the AIA. The South lead in growth, boasting billings increases for every month of the past year. After a modest start to the year, the West ended 2017 with an improved market. Midwest firms continued their strong growth trajectory through the end of the year, while the Northeast saw billings continue to ease, following the trend for the region in 2017. 

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