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17 Apr
15:22

Architectural billings index falls after 25-month spree

The American Institute of Architects reports that their architectural billings index fell into the negative in March after 25 months of growth, Kallanish understands. The index score fell to 47.8 in March from 50.3 in February. The index, which measures the 9-12-month lag between billings and constructing spending, indicates growth when scores rise above 50. The South was the only region to post a positive index score in March with 54.2. The Midwest scored 48…
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