Architectural Billings Index Ends 2015 on Positive Note

Architectural Billings Index Ends 2015 on Positive Note

“There were a few occasions where demand for design services decreased from a month-to-month basis in 2015, but the Architecture Billings Index (ABI) concluded the year in positive terrain and was so in eight of the 12 months of the year.

As a leading economic indicator of construction activity, the ABI reflects the approximate nine to twelve month lead time between architecture billings and construction spending.”

Check out the article at Floor Daily

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