Design Firm Management & Administration Report

Pace of decline in architectural billings slows, inquiries are up

The American Institute of Architect’s monthly Architecture Billings Index score remained below 50 in August, though the score was slightly higher at 47.6 than it was at 46.8 in July. The slight shift upward indicates business conditions may be moderating, concludes the Sept. 19 online newsletter AIArchitect.org, after the ABI hit an all-time low of 41.8 in February. The good news is that inquiries about new…