The American Institute of Architects (AIA) reported the September ABI score was 53.7, up from a mark of 49.1 in August. This score reflects an increase in design services (any score above 50 indicates an increase in billings). — Calculated Risk
Although the multi-family residential sector continues its eighth-month weak streak, the majority of sectors of the Architecture Billings Index showed signs of growth after a backpedaling August. According to AIA Chief Economist Kermit Baker, Hon. AIA, PhD, "a lack of a deep enough talent pool to keep up with demand" is an issue for the industry, meaning the news is good for job-seekers.
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