Bloomberg News

U.S. Architecture Firms’ Billing Index Rose in May (Table)

June 19, 2013

Billings at U.S. architecture firms rose in May, according to the American Institute of Architects.

Billings at architecture firms, tracked by the Work-on-the-Boards survey, rose to 52.9 in May from 48.6 a month earlier. The inquiry index, which tracks a firm’s capacity to take on additional work, rose to 59.1. A score above 50 indicates an increase in billings, while a reading below 50 indicates a negative outlook.

Commercial building construction typically follows the billings index by about six months. Following is a table compiled from the AIA Architecture Billings Index:

===========================================================================
                      May  April  March   Feb.   Jan.   Dec.   Nov.   Oct.
                     2013   2013   2013   2013   2013   2012   2012   2012
===========================================================================
Billings Index       52.9   48.6   51.9   54.9   54.2   51.2   52.3   52.0
  Monthly change      4.3   -3.3   -3.0    0.7    3.0   -1.1    0.3    0.5
Inquiry Index        59.1   58.5   60.1   64.8   63.2   57.9   58.3   58.7
  Monthly change      0.6   -1.6   -4.7    1.6    5.3   -0.4   -0.4    1.0
===========================================================================
                      May  April  March   Feb.   Jan.   Dec.   Nov.   Oct.
                     2013   2013   2013   2013   2013   2012   2012   2012
===========================================================================
Northeast            53.7   52.3   52.0   54.3   53.4   52.7   52.1   53.7
Midwest              47.5   49.0   51.5   53.8   54.8   54.1   53.9   51.8
South                50.9   52.2   52.6   53.4   52.0   51.2   50.7   51.4
West                 52.1   51.7   51.5   53.4   53.3   52.2   50.2   51.2
-----------------------------------------------------------------------
Residential          52.8   52.6   55.2   58.0   56.9   53.8   52.8   56.1
Industrial           47.5   50.0   50.2   53.8   52.1   52.6   50.5   50.1
Institutional        52.2   51.3   50.7   50.3   50.7   50.1   50.4   50.4
Mixed                51.0   50.4   51.6   54.3   55.7   53.7   53.2   51.9
===========================================================================
NOTE: Regional and sector data is a 3-month rolling average; data is 
seasonally adjusted.

SOURCE: American Institute of Architects

To contact the reporter on this story: Chris Middleton in Washington at cmiddleton2@bloomberg.net

To contact the editor responsible for this story: Marco Babic at mbabic@bloomberg.net


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