The US Architecture Billings Index (ABI) reached 55.8 in July – its highest level since 2007. The score reflects what has been a steadily increasing demand for design services over the past three months, the American Institute of Architects (AIA) reports. The AIA’s new projects inquiry and design contracts indexes were also strong at 66 and 54.9, respectively.
“Business conditions for the design and construction marketplace, and those industries associated with it, appear to be well-positioned for continued growth in the coming months,” said AIA Chief Economist Kermit Baker, Hon. AIA, PhD. “The key to a more widespread boost in design activity continues to be the institutional sector which is starting to exhibit signs of life after languishing for the better part of the last five-plus years.”
A breakdown of regional highlights, after the break…
Architects: Patrick Tighe Architecture
Location: Texas, USA
Collaborators: Joseph Perazzelli Structural Engineer
Area: 3200.0 ft2
Photographs: Art Gray Photography
A new study has found that cities need to make big infrastructural changes, rather than small ones, in order to become more bike friendly. As this article from Fast Company explains, small increases in bicycle usage lead to more accidents, which in turn makes others afraid to make the switch from driving to riding. However, the study found that heavy investment in cycling infrastructure brings an economic benefit to cities in the long run, largely thanks to savings from reduced healthcare costs. To learn about the long-term benefits of big biking investments, click here.
Architects: Studio di Architettura
Location: East Hanover, NJ, USA
Architect In Charge: Vittorio Magnago Lampugnani, Francesco Porsia, with Georg Krüger
Area: 633000.0 ft2
Photographs: Courtesy of Studio di Architettura