Electrical Marketing’s Key Economic Indicators

Architecture billings strong

The commercial sector continues to lead the Architecture Billings Index (ABI), which has remained in positive territory for the fifth consecutive month. 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. The American Institute of Architects (AIA) reported the March ABI score was 50.4 points, following a mark of 51 points in F

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TAGS: Economy
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