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News
US Architecture Billings Hold Steady after Two Months of Improving Conditions Print E-mail
Monday, 28 February 2011 14:20

After showing positive momentum during the fourth quarter of 2010, the Architecture Billings Index (ABI) slipped almost four points in January.  As a leading economic indicator of construction activity, the ABI reflects the approximate nine to twelve month lag time between architecture billings and construction spending.  The American Institute of Architects (AIA) reported the January ABI score was 50.0, down from a reading of 53.9 the previous month.  This score reflects stable demand for design services (any score above 50 indicates an increase in billings). The new projects inquiry index was 56.5, down sharply from a mark of 61.6 in December.

 


* Every January the AIA research department updates the seasonal factors used to calculate the ABI, resulting in a recalibration of recent ABI values.

“This slowdown is indicative of what is likely to be a very gradual improvement in business conditions at architecture firms for the better part of this year,” said AIA Chief Economist, Kermit Baker, PhD, Hon. AIA. “We’ve been taking a cautiously optimistic approach for the last several months and there is no reason at this point to change that outlook.  There are still too many firms that continue to see weak market conditions to expect a dramatic increase in the demand for services in the design and construction industry. ”

Key January ABI highlights:

·         Regional averages: Midwest (56.4), South (51.5), Northeast (50.4), West (47.3)

·         Sector index breakdown: commercial / industrial (54.6),  multi-family residential (53.7),  institutional (51.3),  mixed practice (48.7)

·         Project inquiries index: 61.6

About the AIA Architecture Billings Index
The Architecture Billings Index (ABI), produced by the AIA Economics & Market Research Group, is a leading economic indicator that provides an approximately nine to twelve month glimpse into the future of nonresidential construction spending activity. The diffusion indexes contained in the full report are derived from a monthly “Work-on-the-Boards” survey that is sent to a panel of AIA member-owned firms. Participants are asked whether their billings increased, decreased, or stayed the same in the month that just ended as compared to the prior month, and the results are then compiled into the ABI.  These monthly results are also seasonally adjusted to allow for comparison to prior months. The monthly ABI index scores are centered around 50, with scores above 50 indicating an aggregate increase in billings, and scores below 50 indicating a decline. The regional and sector data are formulated using a three-month moving average. More information on the ABI and the analysis of its relationship to construction activity can be found in the White PaperArchitecture Billings as a Leading Indicator of Construction: Analysis of the Relationship Between a Billings Index and Construction Spendingon theAIA web site.

Last Updated on Monday, 28 February 2011 14:24
 
3XN’s National Concert Hall in Dublin Print E-mail
Monday, 28 February 2011 13:34

3XNs proposal for the Dublin National Concert Hall is a sculptural showcase which creates a magnificent new home for music, while also providing a framework for the historical context upon which the new concert hall sits.

Dublin-Concert-Hall-06
The new building provides a zone where the urban and park settings come together expressing their own symphony in addition to the music coming from within.

Dublin National Concert Hall is composed of three sculptural volumes, each of which contains its own unique Concert Hall. The three Halls are linked at the Grand Entrance through the historic Butler building and via a plinth; with the organic foyer promoting flow and social interaction between the three Halls.

Last Updated on Tuesday, 24 May 2011 10:25
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11 Architects Selected to Receive the 2011 American Institute of Architects' Young Architects Award Print E-mail
Friday, 18 February 2011 08:07
The American Institute of Architects (AIA) announced the 11 recipients of the 2011 AIA Young Architects Award.  Young Architects are defined as professionals who have been licensed 10 years or fewer regardless of their age.  This award honors individuals who have shown exceptional leadership and made significant contributions to the profession early in their careers.  The Young Architects Award will be presented to the recipients at the AIA 2011 National Convention and Design Exposition in New Orleans.
Last Updated on Friday, 18 February 2011 08:08
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LEED Gold rating for NYC's Diana Center at Barnard College Print E-mail
Friday, 18 February 2011 07:27
Great news for The Diana Center at Barnard College, the WEISS/MANFREDI-designed building that has just been certified by U.S. Green Building Council. The project was featured on Archinnovations last month.
BarnardCollegeDianaCenter_AlbertVecerka1
Photograph © Albert Vecerka/Esto

The 98,000-square-foot multi-use building designed by WEISS/MANFREDI Architecture/Landscape/Urbanism, the Diana Center serves as a campus center for the Barnard community and as a cultural destination for visitors from near and far.The structure won the 2011 American Institute of Architects (AIA) Honor Award for Architecture and the AIA Best in New York State Award.
Last Updated on Friday, 18 February 2011 07:57
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Strusshamn an urban study for the municipality of Askøy at the west coast of Norway by Eriksen Skajaa Architects Print E-mail
Tuesday, 15 February 2011 19:00
1-Strusshamn_image-by-Mir-VisualsStrusshamn is a settlement on the southwest side of Askøy, an island outside of Bergen on the west coast of Norway, with strong ties to the ocean. The fjord was used for transport due to lack of roads and it was an important economic resource. When this changed and the car became the most important way of communication two centres developed without a clear connection to each other.

Last Updated on Wednesday, 16 February 2011 07:39
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