AIA: "Architecture billings remain flat" in May

Note: This index is a leading indicator primarily for new Commercial Real Estate (CRE) investment. From the AIA: Architecture billings remain flat Demand for design services in May remained essentially flat in comparison to the previous month, according to a new report today from The American Institute of Architects (AIA). AIA's Architecture Billings Index (ABI) score for May showed a small increase in design services at 50.2 , which is slightly down from 50.5 in April. Any score above 50 indicates an increase in billings. Both the project inquiries index and the design contracts index......(read more)

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