Northeast Architecture Billings lag behind the rest of the US

The American Institute of Architects (AIA) recently released their monthly Architects Billings Index (ABI), which is a leading economic indicator that provides an approximate nine to twelve month glimpse of future commercial construction spending activity. September returned to positive territory; however the Northeast trailed behind other regions. Growth signs indicate an increase in building material costs & lack of talent to fill up open job positions.

http://www.aia.org/press/AIAB107451

Frank, Scott. “Strong Rebound for Architecture Billings Index.” AIA RSS. American Institute of Architects, 21 October 2015. Web. 21 October 2015.

Stephen Fean
Stephen Fean is the Vice President of Business Development at Watchdog Real Estate Project Managers, a real-estate consulting firm that provides owner’s representation and project management services. More about Watchdog Real Estate Project Managers as well as additional blog posts can be found here.
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