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ABI Rebounds into Positive Territory

Source: Architecture News Daily

After two months of a decreasing demand for design services, the US Architecture Billing Index (ABI) has bounced back into positive territory.

As the American Institute of Architects (AIA) report, May’s ABI score was 51.9, up from a mark of 48.8 in April. The new projects inquiry index was 61.5, up from a reading of 60.1 the previous month.

This growth was led by a growing demand for new schools, hospitals, cultural facilities and municipal buildings.

Read more at Architecture News Daily

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