Architecture Billings on the Rise; Indicate Construction Growth

The Architecture Billings Index, or ABI, is a leading economic indicator of construction activity. The March ABI brings good news for construction jobs, as the score reflects healthy growth. “The ABI reflects the approximate nine-to-twelve month lead time between architecture billings and construction spending,” says a post on BDCNetwork.com.  There were some decreases, including in the Northeast, where severe weather hampered billings and work.

 

http://www.bdcnetwork.com/architecture-billings-index-accelerates-march