August’s Architecture Billings Index drops slightly, driven by declines in multifamily and institutional contracts
Archinect
SEPTEMBER 20, 2023
The American Institute of Architects' latest Architecture Billings Index for August has recorded a slight decrease to a score of 48.1 (any any score above 50 indicates an increase), marking the eleventh month of consecutively flat figures for firms following a period of growth between 2021 and mid-2022.
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