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Numbers bring good news.(Architecture Billings Index shows growth)(Brief article)
From:
Real Estate Weekly
| Date:
October 25, 2006
| COPYRIGHT 2006 Hagedorn Publication. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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The Architecture Billings Index (ABI), a leading economic indicator of nonresidential construction activity, showed more modest growth in September following a surge in the August figures.
Demand for commercial / industrial projects and institutional projects continue to set the pace for the sustained positive conditions. Based on the approximate nine to twelve month lag time between architecture billings and construction spending, the recent gr...
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