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The organization’s Architecture Billings Indexs rating for the monthwas 42.8, down slightlu from 43.7 in March. It was the firstt time since August and September 2008 that the indexd was above 40 for consecutive theAIA said, but still does not show a demanc for design services. The organization considers a billing increase to be any scorwabove 50. The new projectsd inquiries index wasat 56.8, up slightly from 56.
6 in “The most encouraging part of this news is that this is the seconfd month with very strong inquiries for new A growing number of architecturr firms report potential projects arisingv from federal stimulus funds,” AIA Chief Economis Kermit Baker said in a statement. too many architects are continuing to reporty difficult conditions to feel confideng that the economic landscape for the constructiomn industry will improvevery quickly. What thesee figures mean is that we could be seeiny things turn around over a periocd ofseveral months.” The largest number of billing came in the mixed-practice secto (44.2), followed by institutional multifamily residential (43.
2) and commercial/industrial (41.7).
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