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Following a substantial fall in May, the Architecture Billings Index (ABI) decreased further in June, signifying continued decline for the design-build industry in the US. The ABI score for June was 46.3, compared with the 47.2 recorded in May, signifying a continued decrease in demand
Following a substantial fall in May, the Architecture Billings Index (ABI) decreased further in June, signifying continued decline for the design-build industry in the US.
The ABI score for June was 46.3, compared with the 47.2 recorded in May, signifying a continued decrease in demand for design services.
The new projects enquiry index stood at 58.1, up from a mark of 52.6 in recorded in May.
By region, the west recorded the highest ABI of 51.7, the north-east came in second at 47.5, the south recorded an index value of 47.3 while the midwest was the lowest at 44.6.
Commercial and industrial sectors recorded a value of 50, multifamily residential construction came in at 49.6, mixed practices scored 51.5, while institutional construction reached only 45.9.
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