Architecture firms end 2021 on a strong note

December’s Architectural Billings Index (ABI) score of 52.0 was an increase from 51.0 in November.

Most contractors in association survey list costs as top concern in 2022.

Seventy-four percent of firms plan to hire in 2022 despite supply-chain and labor challenges.

Jobless rate falls to 5% as ongoing nonresidential recovery offsets rare dip in residential total.

Anchin’s poll of 20 AEC clients finds a “growing optimism,” but also multiple pressure points.

Construction spending in November totaled $1.63 trillion at a seasonally adjusted annual rate.

Construction employment increased in 237 or 66% of 358 metro areas over the last 12 months.

Firms struggle to find qualified workers to keep up with demand.