Friday, October 22, 2010

Architecture Leading Indicator Perks Up: GROWTH!

This month's AIA Architectural Billing Index, which measures month-over-month billings as reported by architecture firms, indicated an uptick in billings for the first time in two years.  The black line in the graph below represents the billings ($$) indicator.

The ABI is generally considered to be a leading indicator of construction activity, which is clearly a major component of the economy.  One month clearly does not make a trend, but apparently the industry is in better shape than since early 2008.

[1016]: Architecture + Real Estate [1016] Architecture is ready. Are you? Let us know: Think about it, comment below, then: Check out [1016] elsewhere on the web: FacebookeHow, SlideShare
Looking for Chicago or Long Island Real Estate? To search Chicago MLS like an agent: Click here To search Long Island MLS like an agent: Click here (powered by ListingBook)

No comments:

Post a Comment

Comments welcome.