Economy
May 1, 2014
Key Economic Indicators Released in April
Written by Sandy Williams
Economic data released in April indicated signs of slower growth in the economy. Survey participants, however, continue to be optimistic about business activity during the next three to six months.
The Architecture Billings Index fell to 48.8 in April, indicating contraction after hovering just above the neutral point for the last two months. The protracted softening in demand may be due partly to weather conditions but is being watched for more serious concerns.
