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22 Feb
15:45

AIA index makes slight downturn in January

The American Institute of Architects’ billings index slipped in January, though the institute does not see this as evidence of a lasting trend, Kallanish reports. The index, which measures the 9-12 month lead-time between architectural billings and spending, fell to 49.5 in January from 55.6 in December. Readings above 50 generally indicate growth.  “This small decrease in activity, taking into consideration strong readings in project inquiri…
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