A turn-around in the business of Architecture?

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Architectural billings are up, according to the AIA Architectural Billing Index (ABI). The ABI was up slightly in February to 50.6 (compared to 50 in January), marking the fourth straight month at 50 or higher – after nearly three years of almost uniformly decreasing billings. As Mike Purdy notes on his Public Contracting Blog, the increase in architectural services usually foreshadows increases in all downstream construction activity.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Melissa Dewey Brumback, Ragsdale Liggett PLLC | Attorney Advertising

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