Architecture billings accelerated to their strongest growth since December 2010, reports the American Institute of Architects (AIA). Architecture billings are a leading economic indicator of construction activity, with nine to 12-month lag time between billings and construction spending. The Architecture billing scored 52.8 in October, up from 51.6 the previous month. (Any score above 50 indicates an increase in billings). The new projects inquiry index was 59.4. For more information, CLICK HERE.Architecture Billings Positive for 3rd Straight Month
Architecture billings accelerated to their strongest growth since December 2010, reports the American Institute of Architects (AIA). Architecture billings are a leading economic indicator of construction activity, with nine to 12-month lag time between billings and construction spending. The Architecture billing scored 52.8 in October, up from 51.6 the previous month. (Any score above 50 indicates an increase in billings). The new projects inquiry index was 59.4. For more information, CLICK HERE.
