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Real Estate & Property Law

: Housing Wire

Rock Bottom of Construction Cycle?

By KELLY CURRAN

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After a series of historic lows, the Architecture Billings Index (ABI) rose more than eight points in March. As a leading economic indicator of construction activity, the ABI reflects the approximate nine to 12-month lag time between architecture billings and construction spending, suggesting the pace of construction activity will likely pick up in coming months. The [...]

Full post as published by Housing Wire on April 23, 2009 (boomark / email).

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