Core Report | September 23, 2022

Activity at the architecture firm level expanded at a faster rate in August. The August Architecture Billings Index came in at 53.3, up from 51.0 in July. The ABI has been in expansion for nineteen consecutive months. The new projects inquiry index increased as well, climbing to 57.9 from 56.1 previously. Regionally, three of the four regions showed expansion, with only the Northeast seeing a slight decline.