Skip to main content

ABI January 2023: Architecture firm billings decline at slower pace

Submitted by cdp-inc on February 23, 2023 - 2:03pm

One in five firms have current international projects, or have had one in the last five years

While architecture firm billings declined for the fourth consecutive month in January, the pace of the decline continued to slow. The ABI score of 49.3 for the month indicates that fewer firms reported softening conditions this month than in December. In addition, inquiries into new projects and the value of new design contracts both strengthened in January, as firms reported an uptick of interest in new projects.

Nonresidential Construction Spending Decreased 0.5% in December

Submitted by cdp-inc on February 2, 2023 - 10:36am

Key Takeaways

Subscribe to Construction News