About the Work-on-the-Boards Survey and Panel
Work-on-the-Boards is a monthly survey conducted by the AIA's Economics and Market Research group. The survey of firm principals and partners allows participants to track business conditions as they change. Participation enables you to compare your firm to others, track the economy and local business conditions, and use data to target business opportunities.
The panel is open to any AIA member who is principal/partner of their firm. The survey is administered completely online, and you will receive an invitation to participate the first week of each month. Participants also receive a special announcement before the report is available to the general public each month, in the AIArchitect.
If you are a firm principal or partner and would like to join the survey panel or for more information, please e-mail email@example.com. You may also join the panel by completing the background information form.
About the Architecture Billings Index
The Architecture Billings Index (ABI) is a diffusion index derived from the monthly Work-on-the-Boards survey, conducted by the AIA Economics & Market Research Group. The ABI serves as a leading economic indicator that leads nonresidential construction activity by approximately 11 months. The indexes are developed from the monthly Work-on-the-Boards survey, where survey panelists are asked to report whether billings during the previous month significantly increased, remained about the same, or significantly decreased from the prior month. According to the proportion of respondents choosing each option, a score is generated, which represents an index value for each month. If an equal share of firms report an increase as report a decrease, the score for that month will be 50. A score above 50 indicates that firms in aggregate are reporting an increase in activity that month compared to the previous month, while a score below 50 indicates that firms are reporting a decrease in activity.
In March 2014 the AIA released the White Paper “Designing the Construction Future: Reviewing the Performance and Extending the Applications of the AIA’s Architecture Billings Index,” which updates the 2005 White Paper, “Architecture Billings as a Leading Indicator of Construction: Analysis of the Relationship Between a Billings Index and Construction Spending.” This update evaluates how the ABI performed during the most recent construction cycle, introduces the new value of design contracts indicator, and discusses how the construction industry can use this information to make better business planning decisions.
For more information on the ABI, the 2014 ABI White Paper, the design contacts indicator, and more, please see the ABI FAQ.
If you would like to subscribe to the ABI, please contact: Jonathan Watson, 202.626.7566, JonathanWatson@aia.org
Architecture Firm Billings Close Out 2014 on a High Note
Last 6 months:
Architecture Firm Billings Continue to Grow, but at a Slower Pace in November
Architecture Firms Remain in Growth Mode
Business Conditions at Architecture Firms Continue to Improve in September
Pace of Billings Growth Slows Slightly at Architecture Firms in August
Design Activity in the Third Quarter Opens with a Bang
Design Activity Remains Strong in June at Architecture Firms
Upcoming Press Release Dates for 2015:
January 21, 2015