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Electrical Marketing’s Leading Indicators

AIA’s Billing Index remains on growth track in April. For the third straight month, the Architecture Billings Index (ABI) published by the American Institute of Architects (AIA), Washington, D.C., has gone up. 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 AIA reported the April ABI rating was 48.4 points, up from a reading of 46.1 points the

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TAGS: Economy
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