AIA: Architecture Billings Index decreased in January

Note: This index is a leading indicator primarily for new Commercial Real Estate (CRE) investment. From the AIA: Entering 2017, architecture billings slip modestly The Architecture Billings Index (ABI) dipped slightly into negative territory in January, after a very strong showing in December. As a leading economic indicator of construction activity, the ABI reflects the approximate nine to twelve month lead time between architecture billings and construction spending. The American Institute of Architects (AIA) reported the January ABI score was 49.5 , down from a score of 55.6 in the......(read more)

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