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AIA billings index rises in August

from Architect

On the heels of a period of weakness in design activity, the Architecture Billings Index took a sudden upturn in August. The American Institute of Architects reported the August ABI score was 51.4, following a very weak score of 45.1 in July. This score reflects an increase in demand for design services (any score above 50 indicates an increase in billings). The new projects inquiry index was 56.9, up sharply from a reading of 53.7 the previous month. more

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