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Architectural Billings Index falls in April

Post Time:May 18,2011Classify:Industry NewsView:56

Tight financing for projects pushed the Architectural Billings Index down 2.9 points to 47.6 in April, according to a May 18 report from Reuters. The new project inquiries index also fell 3.7 points to 55.0. The index, from the American Institute of Architects, provides an indicator for construction activity 9 to 12 months in the future.

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Source: http://www.glassmagazine.com/news-item/commercial/architectural-billings-index-falls-april-118192Author:

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