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Architecture Billings Index: 2023
The latest data from the AIA. Leading economic indicators by region and sector.
Architecture Billings Index: Historical Data
ABI data 2008-2019. "Those who cannot remember the past are condemned to repeat it."
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Industry Confidence Brightens Considerably
February survey reveals more optimism among electroindustry manufacturers
C&I Planning Activity Ticks Upwards
Large $375+ million projects get rolling in Wisconsin, California and Michigan
Design Billings Decline at Beginning of 2023
Promising activity in Midwest & West. Mixed practice continues rebound.
Survey Reveals Mixed Views about Future Industry Conditions
Softness in industrial and residential markets – but strong demand elsewhere
All Top 10 Metro Areas Posted Gains in 2022
Commercial and multifamily construction activity makes solid gains during the year
Making Sure Lighting Controls are Aligned with Owner Requirements
C. Webster Marsh explains how to ensure the owner gets the lighting controls setup that is intended and specified
Architecture Billings Continue to Decline
C&I slows, but Mixed Practice design activity is sole bright spot
Construction Starts Jumped 27% in December
$1+ Billion projects get rolling in Texas, California and Indiana
Cash-strapped Energy Focus Gets $2M Funding & New Partnership
Company exchanges large swath of 5.4 million shares for much needed funding.
The 2-year C&I Project Forecast by Building Type
Pretty good news for Industrial & Hospitality. Office buildings, not so much.
7 Economic Indicators Lighting People Should See
Factors provide context on design, construction, markets, prices and hiring
Pulse of Lighting: The Latest Report
Survey forecasts a slowdown in the lighting market.
Signify Closed 2022 with Lower than Expected Sales
In October, CEO warned its Q4 revenue would be down, but previous guidance missed
Construction Starts Dip 18%, Still +14% for the Year
$500+ million projects get rolling in North Carolina, Missouri and California
Demand for Design Services Continues to Slow
Architecture firm leaders remain optimistic about 2023
Demand for Design Services Decreases Considerably
After 20 months of gains, design billings see first decline in billings since January 2021
Layoffs at Signify & Cooper Lighting
Reduction in force impacts approximately 2% of U.S. employees
Signify Cuts 2022 Outlook Citing “Increasingly Volatile Environment”
Company expects a challenging finish to the year and negative performance in Q4
UPDATES: Force Partners vs. KSA & Acuity Brands
Notable developments in the Chicago lighting agent legal battle
Total Construction Starts Slow Down in September
$800+ million projects begin in New York, Idaho and Tennessee
Design Billings Increase for 20 Straight Months
Architectural Billings Moderate but Remain Healthy
C&I Project Planning Rises In September
$300+ million projects get rolling in Virginia, Idaho, NY and Massachusetts
Demand for Design Services Accelerates
18 consecutive months of growth for Midwest and Southern U.S.
Industry Confidence: A Slowing Economy with Pockets of Growth
Most expect future conditions to be unchanged or worse
Construction Momentum Stalls in August
$275M+ projects get rolling in Illinois, Florida, California & Michigan.
Architecture Billings Slow but Remain Healthy
Architecture services employment surpasses pre-pandemic levels
Total Construction Starts Surge in July
Central U.S. $2B+ mega projects led gains, but details show broad-based expansion
Commercial Planning Rises, Institutional Stalls
$275+ million projects start in California, Florida and Tennessee
Top 20 U.S. Markets see Mixed Construction Activity
Dallas is up 72% YTD. Los Angeles is down 14%. Florida is booming.
Takeaways from Signify's Second Quarter
Comparable sales rose 5.1%. Strong currency exchange tailwinds add 6.6% to top line.
Design Billings Stabilize but Remain Healthy
Western and Midwestern U.S. design firms see increases
Construction Momentum Hits 14-Year High
27 projects valued at $100 million or more entered planning in June
Pulse of Lighting: The Latest Report
Survey validates what you may be feeling: things are slowing down
Here are the Details of Acuity Brands' Latest Price Increase
Freight minimums increase, but one important product category will be minimally impacted
Design Billings Slow but Remain Strong
Western and Northeastern U.S. starting to see consistent increases
Hubbell Lighting Announces Price Increase
Indoor, outdoor, controls and poles. Effective July 11.
Backlog Rises, Confidence Falters
Backlog is up in every segment over the past year, including in the somewhat shaky commercial category.
Surprise! Construction Momentum Increased in May
Planning begins for $250+ million projects in Texas, Michigan and Pennsylvania
Signify Eyes Supply Chain to be More “Continentally-Based”
CEO Eric Rondolat discusses supply chain and cost pressures with CNBC
Cooper Lighting Announces Price Increase
June 27 increase to affect "limited set" of lighting and controls products
Commercial and Institutional Planning Activity Increases
$200+ million projects start in Virginia, Indiana and Arizona
5 Things to Know: Week Ending April 30
"Alarms" and "Panic" are seemingly happening in supply chain circles
Takeaways from Signify’s Solid Start to 2022
CEO: “We were extremely strong in the U.S. with Cooper.”