Wednesday, March 18, 2020

AIA: Architecture Billings Index increased in February, Expected to decline rapidly

Note: This index is a leading indicator primarily for new Commercial Real Estate (CRE) investment. From the AIA: Design services saw increase in February but economic footings are rapidly shifting Demand for design services in February increased at a solid pace for the sixth month in a row, according to a new report today from The American Institute of Architects (AIA). AIA's Architecture Billings Index (ABI) score of 53.4 for February reflects an increase in design services provided by U.S. architecture firms (any score above 50 indicates an increase in billings). During February, both the......(read more)
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