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