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Kermit Baker

Kermit Baker's Posts

Architecture Billings Slow For Second Month in September Architecture Billings Slow For Second Month in September

The AIA's monthly Architecture Billings Index declines for the second straight month, signaling economic uncertainty as election looms. Read more

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July Architecture Billings Index Reports Sustained Demand for Design Services July Architecture Billings Index Reports Sustained Demand for Design Services

The market looks promising for the architecture community, but rapidly rising construction costs could pose a threat. Read more

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Architecture Billings Index: Back Into Negative Territory in April Architecture Billings Index: Back Into Negative Territory in April

Thus far, 2015 has experienced two months of growth and two months of contractions, with construction activity remains stuck in the slower pace of the winter months. Read more

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AIA Forecasts Growth in Construction Spending in Next Two Years AIA Forecasts Growth in Construction Spending in Next Two Years

The institutional sector, which saw monthly gains throughout the second half of 2014, will be the most significant driver of a marketplace resurgence in 2015 and 2016, says the AIA's chief economist, Kermit Baker. Read more

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Architecture Billings Index Takes Upward Turn to Close 2014 Architecture Billings Index Takes Upward Turn to Close 2014

The AIA's monthly business report shows that demand for design services increased at the end of 2014, marking December as one of the ten months of the year that experienced growth. Read more

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