AIA's Architecture Billings Index Indicates Industry Growth Remains Relatively Flat

Another month and still little change in the American Institute of Architect‘s Architecture Billings Index. Last month you might recall, the Index moved up less than a point from the month prior, taking it up to 50.6 (anything above 50 indicates an increase in billings and, more generally, growth within the industry). This month, there’s been hardly any movement at all, as it dipped down just one tenth of a percent, to 50.5. So there’s a slight dip, but there’s still very minor growth there, being above 50 as it as, and there has also been an increase in inquiries for new projects, so it seems safe to call it a draw.