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Tag: Architecture Billings Index
Business
Indexes indicate future growth in construction despite drop in August
The next 12 months should bring construction growth following a disappointing August, according to three recently released indexes. Destruction from Hurricanes Irma and Harvey, however, are causing additional uncertainty for the industry. One of those concerns is how the storms will affect the construction industry’s worker shortage. “Finding skilled workers will be essential to ensure the […]
September 25, 2017
Business
Architecture Billings Index jumps to 54.2, bodes well for construction
Each month the American Institute of Architects releases its Architecture Billings Index and the latest round shows an increase to 54.2 in January. Any reading above a 50 on the index indicates a rise in demand for design services. The index indicates good things for construction because architectural billings tend to lead actual construction of projects […]
February 25, 2013
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