Architecture Billings Index Score Declined to 44.1 in March

Washington, DC, April 23, 2025-March brought continued challenges for architecture firms, as the AIA/Deltek Architecture Billings Index (ABI) recorded a score of 44.1, indicating that many firms are still experiencing declining billings.  

The February score was 45.5. 

September 2022 marked the end of the post-pandemic billings surge for architects. Since then, billings have declined 27 of the last 30 months. For two consecutive months, inquiries into new projects have dropped, and newly signed design contracts have seen a decline for an unprecedented 13 months straight.

“Clients are increasingly cautious about starting projects due to uncertainty over future trends in interest rates and building materials costs, as well as the potential for an economic slowdown,” said Kermit Baker, PhD, Hon. AIA, AIA chief economist. “Unfortunately, this softness in firm billings is likely to continue as indicators of future work remain weak, however, the average project backlog at firms stands at a reasonably healthy 6.5 months, offering a bit of a buffer if future project work continues to remain soft.”

Regional averages were as follows: South (48.3); Midwest (45.5); West (43.0); Northeast (40.5).

The sector index breakdown was institutional (46.2); mixed practice (firms that do not have at least half of their billings in any one other category) (46.1) commercial/industrial (45.1); multifamily residential (40.3).


Related Topics:The American Institute of Architects