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Architecture Firms Report Solid Growth for Seven Straight Months

Jun 07, 2018

 

AIA-logo x250Architecture firm billings rose for the seventh consecutive month, with the pace of growth in April increasing modestly from March, according to the American Institute of Architects (AIA) May Architecture Billings Index (ABI). The report also revealed that business conditions remained strong at firms located in the West, while billings softened slightly at Midwest firms. The ABI serves as a primary economic indicator that leads nonresidential construction activity by approximately 9 to 12 months. Read more...