AIA's Architecture Billings Index Moves Up

Another month and another Architecture Billings Index release from the American Institute of Architects. Following the surprising nose dive two months ago, then an ever-so-slight bump up last month, this latest reports offers both the good and bad. On the positive, the overall Index score jumped up nearly 2 points, from 46 to 47.9 (anything above 50 indicates growth). On the negative, the new projects inquiry index was hit with a steep decline, dropping from 57.7