With 'The Steepest Decline in Billings Since February 2010', AIA's Architecture Billings Index Fall Again

Last month, we opened with a quote in the headline of a post, “It can’t get any worse — and then it does.” An apt statement indeed, as the American Institute of Architects has just released the sobering news that, for the fifth straight month, the Architecture Billings Index has dropped once again. Indicating increases and declines in billings within the industry (anything above or below 50, respectively), the Index fell more than a full point, down to 45.1,