News

Leading Indicator of Non-residential Construction Activity Highest Since 2007

The American Institute of Architects reported in December that the U.S. architecture billings index reached 52 points in November – the highest it has been since December 2007.  Any reading over 50 is said to indicate expansion 9 to 12 months into the future.  AIA Chief Economist Kermit Baker reports on the encouraging news, but also signals that there is still a long way to go for the design and construction industry. Read the entire article here.