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Soft Business Conditions Persist at Architecture Firms - Construction Superintendent
Summary by Construction Superintendent
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Soft Business Conditions Persist at Architecture Firms - Construction Superintendent
The AIA/Deltek Architecture Billings Index remained in negative territory in May with a score of 47.2, up from 43.2 in April. Any score below 50 indicates a billings decline, although this month’s score indicates that somewhat fewer firms reported a decline in billings in May than in April. Inquiries into new work increased this month for the first time since January, reflecting the modest degree of stabilization in the economy recently. However…
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