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Real Estate & Property Law

: Housing Wire

Key RE Index Drops to Record Low in October

By PAUL JACKSON

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A highly-watched indicator of activity among architects, often seen as a leading indicator of construction activity, tanked as design firms saw their billing hours shrink in October. The architecture billings index, or ABI, hit a record-low of 36.2 in October, down from 41.4 in September, the American Institute of Architects said Wednesday. The October level is [...]

Full post as published by Housing Wire on November 19, 2008 (boomark / email).

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