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The Real Deal Miami

Architecture Billings Index continues upward streak; but group warns of risk posed by “fiscal cliff”

December 19, 2012 03:00PM

Kermit Baker

The Architecture Billings Index, a leading indicator for future construction spending, posted its fourth consecutive monthly gain in November, according to the American Institute of Architects. The ABI score in November came in at 53.2; in October, it was 52.8. As The Real Deal previously reported,September saw an index of 51.6 and August saw one of 50.2. Any score above 50 represents an increase in billings. [more]