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20 Mar
17:46

US architectural billings decrease in February

US architectural billings appear to have fallen in February, though the industry’s trajectory remains positive, Kallanish learns from the American Institute of Architects. Billings, which represent the 9-12 month lag between spending and construction, fell from an index score of 55.3 in January to 50.3 in February. Readings above 50 generally indicate growth. All regional indices were also positive, led by the South’s reading of 58.3. All sectors …
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