Architectural Billings Index: The national Architectural Billings Index rose to 47.6 in October 2025, up from 43.3 in September. Billings at U.S. architecture firms continue to decline but at a slower pace.

Construction Put-in-Place, (CPIP): Total U.S. construction spending continued to perform well in July 2025, especially in the public sector. Census Bureau non-seasonally adjusted (NSA), constant dollar CPIP data showed that May’s three month total (3MT) construction expenditures decreased by 1.2% year on year (y/y) to 476.9 billion. On a 12MT basis, private expenditures decreased by 2.5% y/y.

Architectural Billings Index: August’s 2025 national Architectural Billings Index of 47.2 was up from July’s 46.2, which is below the expansionary zone, (>50). U.S. architecture firms specializing in Institutional and Residential all reported a decrease in design activity in July.

­­­Construction Put-in-Place, (CPIP): Total U.S. construction spending continued to perform well in July 2025, especially in the public sector. Census Bureau non-seasonally adjusted (NSA), constant dollar CPIP data showed that July’s three month total (3MT) construction expenditures decreased by 1.2% year on year (y/y) to 476.9 billion. On a 12MT basis, private expenditures decreased by 2.5% y/y.

Architectural Billings Index: July’s 2025 national Architectural Billings Index of 46.2 was down from June’s 46.8, which is below the expansionary zone, (>50). U.S. architecture firms specializing in Institutional and Residential all reported a decrease in design activity in July.

Construction Put-in-Place, (CPIP): Total U.S. construction spending continued to perform well in June 2025, especially in the public sector. Census Bureau non-seasonally adjusted (NSA), constant dollar CPIP data showed that May’s three month total (3MT) construction expenditures increased by 0.3% year on year (y/y) to 458.7 billion. On a 12MT basis, private expenditures decreased by 1.4% y/y.