AIA's Architecture Billings Index Peaks, Highest It's Been Since 2007

Just in the nick of time to save the holiday season, the American Institute of Architects has bestowed a gift upon the industry by releasing their latest Architectural Billings Index figures. After last month’s dive, made all the worse by having been preceded by several months of climbing, the index suddenly rose several points, locking in at 52 and beating the October numbers by two, the first time it had climbed into the positive since 2008 (as a reminder, everything above 50 indicates an increase in construction billings and general growth within the industry).