From the RealEstateJournal Archives
Architectural Index
Fell Sharply in August
From The Wall Street Journal Online
September 21, 2007
After three months of substantial growth, the Architecture Billings Index fell sharply in August to 53.9 from a near record 60.0 in July. The index is derived from a monthly survey of architectural firms conducted by the American Institute of Architects. It is designed to forecast construction activity nine to 12 months in the future. Survey participants are asked whether billings increased, decreased, or stayed the same in the month just ended. A score above 50 indicates an increase in billings.
Email your comments to rjeditor@dowjones.com.
