The American Institute of Architects says its surveyed members are feeling more optimistic about 2025.

The ABI is an indicator of nonresidential construction work to follow in nine months to a year, according to the American Institute of Architects.

The ABI serves as an indicator of nonresidential construction between nine and 12 months following.

More than half of firms say they continue to navigate difficult business conditions.

Architecture billings shrank for the fourth consecutive month and the seventh overall month of 2023 in November.

American Institute of Architects/Deltek Architecture Billings Index shows the third consecutive monthly billings decline for U.S. architecture firms. 

Most firms say they have sufficient backlogs to avoid widespread layoffs or furloughs, for now, but new design work is down in many market sectors.