Tag Archives: Kermit Baker

UPDATE 1-US architecture billings index falls in June-AIA

* June ABI 46.3 vs. May 47.2 * Project inquiries index rises to 58.1 * Institutional sector weakest amid tight govt. budgets * Analyst: Construction recovery in 2012 or later (Adds analyst comment) NEW YORK, July 20 (Reuters) – A … Continue reading

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U.S. architecture billings index falls in January

* January ABI 50.0, down 3.9 pts * New projects index falls 5 pts to 56.5 * Cautious optimism for design industry: AIA NEW YORK, Feb 23 (Reuters) – A leading indicator of U.S. nonresidential construction activity weakened last month … Continue reading

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Nonresidential Construction to Grow by 3 Percent in 2011

AIA’s Consensus Construction Forecast predicts a 20 percent-plus decline in nonresidential construction spending through 2010. According to the semi-annual Consensus Construction Forecast recently released by the American Institute of Architects (AIA), the poor conditions created by a combination of surplus … Continue reading

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Slump in Demand for U.S. Architects May Be Near End

Our company began to experienc a slight uptick in hiring during May to present.  This article by Prashant Gopal in Bloomberg Business seems to confirm what we are reporting: May 19 (Bloomberg) — A leading indicator for U.S. commercial property construction showed signs … Continue reading

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Work-on-the-Boards: Business Conditions at Architecture Firms Largely Unchanged in May

Architects see stimulus program projects generally promoting emerging design trends by Kermit Baker, PhD, Hon. AIA AIA Chief Economist Summary: The path toward recovery in design activity has stalled recently. After a significant moderation in the downturn in design billings … Continue reading

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