AIA ABI Index for August 2016 falls below 50 (that is never a good sign)

The American Institute of Architects (AIA) reported the August ABI score was 49.7, down from the mark of 51.5 in the previous month. This score reflects a decrease in design services (any score above 50 indicates an increase in billings). The new projects inquiry index was 61.8, up sharply from a reading of 57.5 the previous month.

Read the complete note at this link:

http://www.calculatedriskblog.com/2016/09/aia-architecture-billings-index.html