Architecture firm billings end the summer on a strong note
On: October 26, 2021 | By:
Architecture firms continued to report strong business conditions in September. The ABI score rose by a point from August to 56.6, one of the higher scores seen this year. The ABI scores over the last eight months continue to be among the highest ever seen in the immediate post-recession periods that have been captured throughout the index’s history, underscoring just how strong the bounce back has been this year following the abrupt downturn in 2020. Firms continue to report plenty of work in the pipeline as well, with inquiries into new projects and the value of new design contracts remaining strong. In addition, backlogs at architecture firms reached a new high since we started collecting the data on a quarterly basis in late 2010, now averaging 6.6 months.
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