 Pace of Decline in Billings at Architecture Firms Slows in July
Following a significant decline of more than five points in June, the AIA’s Architecture Billings Index (ABI) in July returned to a score comparable with what had been reported during the three previous months, 43.1. Although this score continues to indicate that more architecture firms are seeing firm billings decline than are seeing increasing billings, the slowdown moderated in July. The index is likely to continue to fluctuate for the next few months as the economy begins to stabilize from the recession that began in early 2008. In another positive sign, the inquiries index remained above 50 for the fifth month in a row, indicating that there continues to be some interest in new projects. However, the score of 50.3 was the lowest reported since February. 
kiplinger
connection
Carbon Caps • The Economy • Human Resources
Carbon Caps: Get ready now for coming cash-incentive laws for going green.
The Economy: Recovery is at hand, retail continues down, and materials soar.
Human Resources: Card check scales back, a new retirement plan is developing.
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