AIA's Billing Index Levels Out, Stays Flat

Still not a lot to stand up and cheer about with the American Institute of Architects‘ monthly release of their Architecture Billings Index. Following some slight ups and downs of late, the latest report (always showing the month prior) found everything staying relatively flat in May. The numbers had bumped up since April, but at a number hardly worth mentioning, moving from 42.8 to 42.9. And while it seems as though the major bloodletting that occurred this winter has finally stopped, the index is still below 50, which means the industry of building is still in decline.