AIA Architecture Billings Index (ABI) Down 3 Points In January

By Editor · on February 25th, 2010 ·

Email Me · My Website · Subscribe to my Feed


Architectural Billings Index Down 3 Points In January

Architectural Billings Index Down 3 Points In January

The Architecture Billings Index (ABI) is a diffusion index derived from the monthly Work-on-the-Boards survey, conducted by the AIA Economics & Market Research Group. The ABI serves as a leading economic indicator that leads nonresidential construction activity by approximately 9-12 months. The indexes are developed from the monthly Work-on-the-Boards survey panel where participants are asked whether their billings increased, decreased, or stayed the same in the month that just ended. According to the proportion of respondents choosing each option, a score is generated, which represents an index value for each month. The AIA is The American Institute Of Architects

As mentioned above, the Architectural Billings Index is a leading indicator for both commercial and residential construction.  It represents a 9 – 12 month between Billings & Construction Pricing.  The ABI was down 3 points for the month of January. This had alot to do with tough credit conditions.

Northern Virginia Real Estate Times

This entry was posted on Thursday, February 25th, 2010 at 2:54 pm and is filed under Alexandria Virginia Commercial Real Estate, Arlington County Virginia Commercial Real Estate, Clarke County Virignia Commercial Real Estate, Fairfax County Virginia Commercial Real Estate, Fauquier County Virignia Commercial Real Estate, Frederick County Virginia Commercial Real Estate, Loudoun County Virginia Commercial Real Estate, Northern Virginia Commercial Real Estate, Prince William Virginia Commercial Real Estate. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Leave a Reply