Tag Archives: Kermit Baker

Construction Spending Projections Scaled Back for Rest of Year

Construction spending projections for the rest of the year have been lowered slightly, according to the American Institute of Architects (AIA) Consensus Construction Forecast Panel. The panel cites the weather-related slow start in the nonresidential building market and continued weakness … Continue reading

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Strong Conditions Revealed in Architecture Billings Index

The Architecture Billings Index (ABI) showed more acceleration in the growth of design activity nationally. As a leading economic indicator of construction activity, the ABI reflects the approximate nine- to 12-month lead time between architecture billings and construction spending. The … Continue reading

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