Economy
February 19, 2014
ABI Inches Upwards to 50.4
Written by Sandy Williams
The Architecture Billings Index, an indicator of future construction activity, rose in January after contracting in previous consecutive months. The ABI reflects a nine to twelve month lead time between architectural billings and construction spending.
The ABI press release from the American Institute of Architects (AIA) is reprinted in entirety below. For more information on how the AIA and how the ABI is calculated go to www.aia.org.
