October Architectural Billings Fall

The Architecture Billings Index (ABI) decreased 0.5 points to 44.3 in October, according to The American Institute of Architects (AIA) Economics & Market Research Group. A score above 50 indicates growth in billings. Design contracts increased 0.3 points from September to 46.5.

October billings were below 50 in all geographic regions, with the West having the lowest score of 40.0. All three firm sectors experienced declines in billings from September. See AIA

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