Calculated Risk reports that the October Architecture Billings Index (ABI) score (produced by AIA – The American Institute of Architects) was 52.8 – up from 51.6 in September. The index reflects the nine to twelve month lag time between architecture billings and construction spending. Any score above 50 indicates an expansion in demand for architects’ services, which ultimately leads to increased construction and increased CRE investment.

Regional averages: South – 52.8; Northeast – 52.6; West – 51.8; Midwest – 50.8.
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Graph: Calculated Risk

Last Updated on November 23, 2012 by Ramin Seddiq