How to Thrive in a Competitive Market Amid Declining Design Projects: Key Insights from the AIA/Deltek Architecture Billings Index

Cordeck Office Featured

The latest American Institute of Architects (AIA)/Deltek Architecture Billings Index (ABI) highlights an ongoing challenge for the design industry: a steady decline in billings that began nearly two years ago. In September, the ABI remained at 45.7—the same level as August—signaling the twentieth consecutive month of declines. Any score below 50.0 indicates a drop in billings, underscoring the persistent difficulties faced by architecture firms across the country (AIA/Deltek).

The ABI is widely regarded as a barometer of future construction activity, reflecting conditions for architecture firms and serving as a predictor for upcoming nonresidential construction. According to the AIA, a decrease in ABI scores often signals a pullback in new design work, which can impact the overall design and construction pipeline. In this environment, it’s more important than ever for architecture and design firms to seek innovative, high-value solutions that not only meet today’s demands but also anticipate future requirements (AIA Economic and Market Research).

Understanding the Market: Why Declines Persist Despite Interest Rate Reductions

Despite efforts by the Federal Reserve to stimulate investment through interest rate reductions, design projects continue to decline. Several factors contribute to this trend, including economic uncertainty, inflationary pressures, and shifting client expectations, all of which influence firms’ ability to secure new projects. According to a recent report by Dodge Data & Analytics, these economic conditions have increased the pressure on architecture and engineering firms to differentiate themselves, making innovative, cost-effective solutions more essential than ever (Dodge Data & Analytics).

Solutions to Stand Out in a Competitive Marketplace

As firms look to adapt, offering innovative solutions that are cost-effective, flexible, and compliant with evolving standards can make all the difference. One such solution that meets these criteria is Cordeck’s N-R-G Inflor + Cellular Raceway System. Designed with adaptability and efficiency in mind, the N-R-G+ system offers numerous benefits to architects and designers looking to create sustainable, future-ready spaces without compromising aesthetics or functionality.

The N-R-G+ system supports design firms in several critical ways:

  • Cost-Efficiency: Built to optimize wire management, the system is highly economical, simplifying the complexity of underfloor wiring needs and ultimately lowering installation and maintenance costs.
  • Sustainability and Adaptability: As future design standards evolve, the system’s in-floor layout allows for easy changes, supporting an functional infrastructure that can change as a space’s needs evolve.

Compliance and Modern Standards: Cordeck’s Infloor Cellular Raceway System is UL listed and ADA compliant, ensuring that firms remain on the cutting edge of both safety and accessibility.

Leveraging Cordeck’s Expertise for a Competitive Edge

Working with knowledgeable industry partners can be a game-changer. We provide specifications, detailed drawings and job site support to add value to the project and increase client satisfaction. From layout design to installation, Cordeck’s experts bring critical insights that can help firms streamline project timelines, control costs, and maintain high standards of quality.

Why Forward-Thinking Design Solutions Matter

In the face of challenging market conditions, design firms that prioritize long-term value, functionality, and compliance are better positioned to stand out in a crowded field. As AIA Chief Economist Kermit Baker, PhD, Hon. AIA, has noted, “Design firms that can effectively respond to evolving market demands are more likely to build lasting client relationships.” In a market where projects are increasingly complex, solutions like the N-R-G+ system support these goals by integrating aesthetic and functional advantages while meeting current and future industry standards (AIA Kermit Baker Analysis).

For firms looking to differentiate themselves, adopting innovative solutions like Cordeck’s N-R-G+ In-floor Cellular Raceway System can provide an edge, delivering tangible benefits to clients and positioning firms as leaders in sustainable, adaptive design.

To learn more about the ways Cordeck can support your next project, reach out to a CORDECK DEXPERT® today at [email protected] or 877.857.6400. Let us help you navigate these challenging times with solutions that enhance your design capabilities and align with the future of architecture and construction.