Architectural Firms See Glimmers of Business Hope in AIA Billings Index
Graphic Courtesy American Institute of Architects/Deltek
Billings for architectural companies continued downward in February, according to the current American Institute of Architects/Deltek regular monthly index. The report's authors see possible silver linings in the index, launched March 20.They keep in mind that the billings decrease is the tiniest given that July 2023, which the authors state "recommends that the current downturn might be declining."The current month-to-month AIA/Deltek index, for February, reveals a billings rating of 49.5, compared to 46.2 for January and 45.4 in December. The report likewise states ball game for style agreements is 51.1, compared to 49.7 in the previous month.Kermit Baker, AIA's primary financial expert, stated in a declaration, "There ar...