'It Can't Get Any Worse – And Then It Does' AIA's Architecture Billings Index Falls Again

Because we’re occasionally stricken with bouts of foolish optimism, we’ve kept expecting that the American Institute of Architect‘s Architecture Billings Index would eventually stop falling and the past six months of stagnation and then heading steadily south was just some sort of crazy fluke that would eventually right itself. But now we’re into July and there’s no good news in that direction. Once again, the Index has moved downward, just shy of a full point below the month before, and there it sits, currently