Architecture Billings Index continues in favorable status

02/27/2006 | FacilitiesNet

The American Institute of Architects reports that the Architecture Billings Index was positive in January for the 12th straight month. The index, which is based on an approximately six- to nine-month lag time between architectural billings and construction spending, showed conditions for the nonresidential construction market should be favorable through 2006 and possibly into 2007.

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