AIA: Architecture Billings Index increased in June, "Multi-family housing design showing signs of slowing"

Note: This index is a leading indicator primarily for new Commercial Real Estate (CRE) investment. From the AIA: Institutional Project Demand Drives Architecture Billings Index to Highest Mark Since 2007 Paced by continued demand for projects such as new education and healthcare facilities, public safety and government buildings, the Architecture Billings Index (ABI) increased in June following fluctuations earlier this year. As a leading economic indicator of construction activity, the ABI reflects the approximate nine to twelve month lead time between architecture billings and construction......(read more)

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