Friday, May 23, 2008

Architecture Bills Rise From the Low

Submitted by Ronald Tennant with Metrocities Mortgage:

Wall Street Journal (05/21/08) P. C2
The Architecture Billings Index rose last month to 45.5, an increase from March's all-time record low of 39.7. Kermit Baker, chief economist at the American Institute of Architects, said the month-to-month rise suggests that the spending slump in commercial real estate "is beginning to moderate."

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