Principal's Report
April 2008
Hint at NonRes Market Decline as ABI Drops Nearly Five Points
After a three-month stretch showing an increase in demand for design services, the Architecture Billings Index, a leading indicator of construction activity, dropped sharply in Januaryfrom 55 in December to 50.7. Any score above 50 indicates a surge in billings; any score below 50 marks a decline.
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April 2008 - Table of Contents
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