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12-14-21 | Economic News
2021 Economic Review & 2022 Outlook - Architectural Billing Index
Non-Residential
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The ABI, a leading economic indicator for nonresidential construction activity, showed growth throughout 2021. The American Institute of Architects (AIA) reported the 56.6 ABI figure in September was an increase of 1.0 from August which reflects an overall strong year for ABI throughout 2021. Additionally, AIA found architecture firms have been increasing their investment in technology to aid in communication, collaboration, and project management.
Filed Under: ECONOMY, FORECAST, ARCHITECTURAL
