The downturn in design services billings has moderated, but the Architecture Billings Index (ABI), published by The American Institute of Architects (AIA), Washington, D.C., reveals that an economic recovery has stalled. As a leading economic indicator of construction activity, the ABI reflects the approximate nine to twelve month lag time between architecture billings and construction spending. AIA reported the May ABI rating was 42.9, nearly identical to the 42.8 mark in April. This score
All access premium subscription
Only Electrical Marketing newsletter subscribers have access to premium content.
Being a subscriber to the Electrical Marketing newsletter allows you exclusive access to high value content including key economic indicators measuring the health of the market and access to the Electrical Price Index and other important industry insights.
Sign up for the Electrical Marketing newsletter to get access.