Your source for construction industry news in the Carolinas
Design services at architecture firms continue to project a healthy disposition on the construction industry as the Architecture Billings Index (ABI) recorded the fourth consecutive month of growth. As a leading economic indicator of construction activity, the ABI reflects the approximate nine to twelve month lead time between architecture billings and construction spending. The American…
After beginning the year with a marginal decline, the Architecture Billings Index has posted three consecutive months of growth in design revenue at architecture firms. As a leading economic indicator of construction activity, the ABI reflects the approximate nine to twelve month lead time between architecture billings and construction spending. The American Institute of Architects…
The Architectural Billings Index (ABI), a leading economic indicator of construction activity, ended the first quarter of 2017 on a positive note. The ABI reflects the approximate nine to twelve month lead time between architecture billings and construction spending. “The first quarter started out on uneasy footing, but fortunately ended on an upswing entering the traditionally busy…
