The architecture billings index rose 2.8 points to 48.7 last month, the highest since March, the American Institute of Architects said on Wednesday. The billings index, which measures demand for architects' services, helps predict construction activity nine to 12 months ahead. Any measure below 50 indicates a decline in billings. — reuters.com
2 Comments
hard to get excited.
i don't think that a slightly lessened decline in billing would be a rebound; the direction hasn't changed, just the rate of decline.
technically, when we hit second cycle of zero billings, we will rebound to 50!
Yes!!!
Block this user
Are you sure you want to block this user and hide all related comments throughout the site?
Archinect
This is your first comment on Archinect. Your comment will be visible once approved.