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19 Jul
19:36

Architectural billings index rises in June

The American Institute of Architects witnessed its billings index increase in June for the fifth consecutive month, Kallanish learns from an institute release. The index increased from 53 to 54.2. Scores above 50 indicate growth, and the index itself measures the 9-12 month lead time between architectural billings and construction activity. “So far this year, new activity coming into architecture firms has generally exceeded their ability to complete on…
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