ABI inches toward 50; when will industry see growth?

Sep 22, 2010

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The Architecture Billings Index, the American Institute of Architects' monthly gauge of design activity, moved up for the third straight month in August from 47.9 to 48.2, but still reflects an overall decline by falling short of 50. AIA Chief Economist Kermit Baker tells The Zweig Letter in an exclusive interview in the Sept. 27 issue he sees signs of life but thinks the ABI needs to reach the mid-50s before firms feel much of a difference.

What's happening at your firm? Are you feeling better about the ABI's direction?

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Zweig Group, a four-time Inc. 500/5000 honoree, is the premiere authority in AEC management consulting, the go-to source for industry research, and the leading provider of customized learning and training. Zweig Group specializes in four core consulting areas: Talent, Performance, Growth, and Transition, including innovative solutions in mergers and acquisitions, strategic planning, financial management, ownership transition, executive search, business development, valuation, and more. Zweig Group exists to help AEC firms succeed in a competitive marketplace. The firm has offices in Dallas and Fayetteville, Arkansas.