As controversy prevailed at the AIA Conference last month and RECORD probes the gamesmanship at the national organization, we also look to sports of a different kind.
As a monthslong economic slump continues, the latest Architecture Billings Index from AIA/Deltek reports the sharpest decline in architecture billings yet.
RECORD-featured buildings by Studio Gang, TenBerke, NADAAA, and others were recognized with project awards across a range of categories earlier this month.
It’s business as usual at the AIA’s big annual gathering, although talk of dysfunction at the top of the national leadership chain has dampened the mood.
Though architecture business conditions remained soft nationwide, the pace of decline is slowing and firms saw an uptick in inquiries for new projects.
Inflation, supply chain issues, and economic challenges continue to impact architectural billings, but institutional design contracts appear to have stabilized.
Though architectural billings continued to decrease in February, the slowed pace of decline indicates the recent downturn in business conditions at architecture firms may ease.