AIA's Billing Index Takes a Dive Again, But Some Umemployment Numbers Look Better

If history has taught us anything, it’s that we should all be as cautiously optimistic as the AIA‘s Chief Economist, Kermit Baker. Last month, you’ll remember that the association’s Billing Index was released and, hooray!, we were back to the the numbers posted pre-market collapse. Baker was perhaps at his most optimistic about this news, but per usual, added a warning: “…it is far too early to think we are out of the woods.” And right he was, as the