Steel Products
January 25, 2013
AIA Billings Index Grows for Fifth Straight Month
Written by Sandy Williams
Written by: Sandy Williams
The Architecture Billings Index showed growth for the fifth straight month in December. The American Institute of Architects reported the ABI score at 52, down slightly from 53.2 in November. The ABI reflects the approximate nine to twelve month lag time between architecture billings and construction spending. The score reflects an increase in demand for design services with any score above 50 indicating an increase in billing.
