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Electrical Marketing’s Leading Indicators, April 23, 2010

AIA’s Billing Index Up in March. On the heels of a more than two-point gain in February, the Architecture Billings Index (ABI) was up again in March. As a leading economic indicator of construction activity published each month by the American Institute of Architects (AIA), Washington, D.C., the ABI reflects the approximate nine-to-twelve month lag time between architecture billings and construction spending. The AIA reported the March ABI rating was 46.1 points, up from a reading of 44.8

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TAGS: Economy
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