Architecture Firm Billings Increase Modestly in February

While other sectors are stuck in stasis, housing starts are set to accelerate
By Jennifer Riskus
Manager, Economic Research

Architecture firm billings continued to increase at a modest pace in February, with an Architecture Billings Index score of 50.7 (any score over 50 indicates billings growth). Slightly more firms reported improving conditions in February than in January, but overall, billings growth remains sluggish. Inquiries into new work also increased in February, as did the value of new signed design contracts, following a minimal decline in the value of new design contracts in January.

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