TITLE

Architecture billings negative in August

PUB. DATE
September 2008
SOURCE
Las Vegas Business Press (10712186);9/29/2008, Vol. 25 Issue 39, Special section p7
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports that the architecture billings index has increased to 47.6 in August 2008, based on data from the American Institute of Architects (AIA). According to AIA, the negative billings means that there was an unfavorable nonresidential construction conditions. This is also shown, adds the AIA, by the presence of a nine to 12-month lag time between architecture billings and construction spending. The statement from Kermit Baker, the chief economist of the AIA, about the data is presented.
ACCESSION #
35015684

 

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