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Another Greenshoot: Architect Billings Higher

By: Myles, July 21st, 2010

We look at Architect Billings as a sign of where the economy is going; a true leading economic indicator.  Here is a potential green-shoot to take note of. Frankly, given the weakness of the economy, any positive news is worth reporting.
The News: The regions architecture community is busier than it was at this time last year […]

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CRE Tea Leaves: More Negative Trending

By: Myles, May 21st, 2009

More negative tea leaves of what is to come in 2010. In a sign of what is to come within the coming year, the Architecture Billings Index — which is compiled from a monthly survey of architecture firms around the U.S. – is a clarion call of leading economic indicators (a precursor of building activity over […]

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Leading Economic Indicator: Lowest Levels, Ever

By: Myles, December 17th, 2008

More bad news. The Architecture Billings Index, which is compiled from a monthly survey of architecture firms around the U.S., is at its lowest level since the American Institute of Architects survey began in 1995.
A Leading Economic Indicator: Since the index reflects an approximate nine- to twelve-month lag time between architecture billings and construction spending, […]

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