Architectural Billings Decline in March

The American Institute of Architects (AIA) Economics & Market Research Group’s Architecture Billings Index (ABI) fell 5.9 points to 43.6 in March, marking the 14^th straight month of decreases. Design contracts dipped 1.1 points from February to 50.0. March billings were below 50 in all geographic regions and all sectors. A score above 50 indicates growth. See AIA