24
Oct
15:43
Architectural billings stay positive but slow in September
US architectural billings remained positive but lost momentum in September, Kallanish learns from the American Institute of Architects.
The institute’s architectural billings index fell from 54.2 in August to 51.1 in September. Readings above 50 typically indicate growth in the construction sector, representing a positive correlation architectural billings and actual activity 9-12 months later.
The institute’s readings have remained above 50 for t…
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Anonymous
Very good overview of the weekly steel market.
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