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.

Report cites continued inflation, as well as "supply chain issues and other economic challenges" as reasons for the downward trend.

Billings for architectural firms continued downward in February, according to the latest American Institute of Architects/Deltek monthly index.

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

Firms specializing in commercial and industrial projects report upbeat results; multifamily residential firms see a downturn. 

New York Build Expo dominates key industry events in the region.