In the News – Architecture Billings Index Hit 53.1 in May, Highest Score in Nearly a Year
Led by a still active multi-family housing market and sustained by solid levels of demand for new commercial and retail properties, the Architecture Billings Index accelerated to its highest score in nearly a year with a May ABI score of 53.1.
This represents a sharp rise from the mark of 50.6 in the previous month.
The new projects inquiry index was 60.1, up from a reading of 56.9 the previous month.
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