The latest Architecture Billings Index (ABI) from the American Institute of Architects and Deltek remained flat in July with a score of 50 (any score above 50 indicates an increase in firm billings), indicating mostly stable business conditions.

“This is the third straight month that billings at architecture firms have stabilized,” said AIA Chief Economist Kermit Baker in a statement. "New project work has been even stronger over this period. This suggests that design work may finally begin to increase over the coming months, although somewhat modestly.”