After a Surprise Uptick, AIA's Architectural Billings Index Takes a Dive Once More

If you thought the massive jump in last month’s Architectural Billings Index meant the recession was now over and it would be nothing but champagne wishes and caviar dreams from here on out, then you clearly haven’t been watching the roller coaster that is the American Institute of Architects‘ monthly report closely enough. After a surprising and hopeful six point leap up to near pre-financial collapse numbers, the Index took a near-equal tumble in the opposite direction, down to 46.9