The American Institute of Architects’ latest data show that the Architectural Billings Index slowed from 53.3 in June to 51.7 in September, above the benchmark of 50 (scores over 50 indicate an increase in firm billings). New inquiries and design contracts also dropped from the previous month, from 57.9 to 53.6, and from 52.3 to 50.7, respectively.
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