The December 2022 Architecture Billings Index (ABI) rose 0.9 points to 47.5, according to The American Institute of Architects (AIA) Economics & Market Research Group. A score above 50 indicates growth in billings. Design contracts grew from 46.9 in November to 49.4.
December billings were below 50 in all geographic regions. Firms across all sectors continue to experience a decline in billings, with the residential industry having the most significant decrease at 44.3. See AIA