For much of 2023 the Architecture Billings Index (ABI), the economic indicator report published monthly by the AIA, has been in constant fluctuation. It has teetered back and forth, reporting a decline in billings one month and an increase in the following month. In August, the ABI dropped below 50 to 48.1; any score below 50 signifies a drop in billings. This September, the score has dropped further reporting 44.8. According to the AIA, this is the lowest score since December 2020—the height of the pandemic.
“The September ABI score reflects a marked downturn in business conditions at architecture firms, with the sharpest decline
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