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21 Dec
16:29

Architectural billings index improves in November

The American Institute of Achitects’ (AIA) billings index rose again in November, though the increase was minimal, Kallanish reports. The index rose from 50.6 in October to 50.8 in November. Index readings above 50 indicate construction growth. The index itself reflects the 9-12 month lag between architectural billings and actual spending. “Without many details of the policies proposed, it’s still too early to tell the likely impact of the p…
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