Browse Tag: ABI

Demand For Commercial And Industrial Design Rises Even As Architecture Billings Index Slips

Architecture Billings Index chart showing decline in demand for design workWatching commercial real estate for signs of the coming future means keeping an eye on many different indicators.  One such number touted as a leading indicator of construction spending is the American Architecture Association’s Architecture Billings Index.

Used as an indicator for new nonresidential construction going out 9-12 months, the ABI defines nonresidential as “lodging, office, commercial, manufacturing, health care, educational, religious, public safety, amusement and recreation, transportation, and communication.”

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