The Architects’ Billing Index has fallen at its steepest rate in a year and half last month, according to a report released by the American Institute of Architects yesterday.
Following a drop of almost a full point in June, the ABI fell again by more than a point in July. The ABI reflects the approximate nine- to 12-month lag time between architecture billings and construction spending. The July ABI score was 45.1 — the steepest decline in billings since February 2010. – Miranda Neubauer [more]




