After five months of positive readings, the Architecture Billings Index slipped back into negative territory during April, an indication that demand for design services declined.
The score for April was 48.4, compared with 50.4 in March.
— online.wsj.com
3 Comments
Well fuck.
This is actually a very optimistic way of representing the data. It's a velocity chart of sorts. Were you to graph this in speed/time manner, it would look like more like this:
In which red is demand for services and blue is bourbon consumption. Nice.
red represents my hopes and dreams over the last few years, and blue is my disgust with this friggin profession.
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