The Architecture Billings Index, an industry measure of the level of activity at architecture firms, has dropped for the first time this year, according to The American Institute of Architects. The index, according to AIA, serves as a "leading economic indicator that provides an approximately nine to twelve month glimpse into the future of nonresidential construction activity."
In other words, if architects aren't designing it now, it won't get built nine months down the road. read more »
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