Architecture Billings Index Rises in July

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Economic Update: Architecture Billing Index

The American Institute of Architects reported that their Architecture Billings Index rose to 48.7 in July from 45.9 in June. This represents the highest level since March, 2012.

The new projects inquiry index improved to 56.3 from 54.4.

AIA Chief Economist, Kermit Baker noted that "Even though architecture firm billings nationally were down again in July, the downturn moderated substantially... As long as overall economic conditions continue to show improvement, modest declines should shift over to growth in design activity over the coming months.”

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Other stories on the US Economy to review:

• LEI Above Expectations in July
  
• Philly Fed Index Upticks but is below Zero Again
  
• Housing Starts Down and Building Permits Up in July
  
• Industrial Production, Capacity Utilization Up in July
  
• Empire Manufacturing Dives in August
  
• CPI Remained Flat in July
  
• Retail Sales Rebound in July
  
• PPI Hotter Than Expected in July
  
• NFIB Small Business Optimism Sags
  
• Wholesale Inventories Decline - And Yes, you should Care
  
• Q2 Worker Productivity and Labor Costs Rise
  
• ISM Services Perks Up
  
• Job Growth Improves in July
  
• Factory Orders Miss Mark in June
  
• Challenger Planned Job Cuts Drop in July
  
• ISM Manufacturing Still Sub-50 in July
  
• ADP Employment Report Surprises to Upside in July
  
• Consumer Confidence Perks Up in July, But...
  
• Chicago PMI Headline BTE, But Employment Dives
  
• Personal Income Up, Spending Flat in June
  
• GDP Slows to 1.5% in Q2
  
• Pending Home Sales Down in June
  
• Durable Goods Up on Transportation Orders

 

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