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26 Jun
16:01

US architecture business conditions deteriorate toward pandemic levels

Architectural billings in the US declined in May for the fourth consecutive month, approaching levels seen in Covid-19 pandemic slowdown, Kallanish learns from the American Institute of Architects (AIA). Billings for architectural firms in the US for May registered a score of 42.4 points on the AIA/Deltek Architecture Billings Index (ABI), down from the April reading of 48.3. Above the 50-point threshold is indicative of growth. "The decline in the May ABI s…
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