The Architectural Billings Index dipped to 42.8 in April, down slightly from the month prior but considerably higher than January’s 33.3, an all-time low in the ABI’s 13-year history.
While many architects are still reporting “difficult conditions,” the recent figures could suggest an upswing in the coming months, says Kermit Baker, chief economist for the American Institute of Architects, which produces the index based on surveys sent to architecture firms.
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