Unsupported browser

For a better experience please update your browser to its latest version.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

US architecture growth slows

  • Comment

US architecture workloads have risen for an eighth successive month – but the pace of growth has slowed

The American Institute of Architects’ closely watched Architecture Billings Index posted a score of 51.9 for March 2013.

This was above the critical 50 mark that represents parity with the previous month. But it was down from a greater growth rate of 54.9 in February.

The new projects inquiry index – a valuable barometer of likely future work – was also down, from 64.8 to a still healthy 60.1.

Building design workloads have now been growing since August 2012, as the US construction sector leaves Europe’s in its wake. 

‘Business conditions in the construction industry have generally been improving over the last several months,’ said AIA chief economist Kermit Baker. 

‘But as we have continued to report, the recovery has been uneven across the major construction sectors so it’s not a big surprise that there was some easing in the pace of growth in March compared to previous months.”

The multi-family residential sector led the way in March, with a score of 56.9, although this was lower than in February.

Commercial and industrial work (53.5) and mixed practice projects (53.3) also grew. Institutional work was only up slightly with a reading of 50.6.

All regions showed growth from the previous month – the Northeast at 54.6, the Midwest at 53.9, the South at 53.6 and the West with 51.9.

  • Comment

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions.

Links may be included in your comments but HTML is not permitted.

Related Jobs

AJ Jobs