AIA: Architecture Billings Index "Backslides Slightly" in September

Note: This index is a leading indicator primarily for new Commercial Real Estate (CRE) investment. From the AIA: Architecture Billings Index Backslides Slightly After seven months of steady growth in the  demand for design services, the Architecture Billings Index (ABI) paused in September.  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 September ABI score was 49.1, down from a score of......(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

from Around The Web http://ift.tt/2ysvF6k
via IFTTT