07 Jun '12, 9pm

The AIA’s Architecture Billings Index Dips Below 50 in April - Business - metalmag Magazine

This drop in billings could be an aberration, or it could be a market correction caused by a mild hangover from the unseasonably warm winter. Some have argued that this would happen , saying essentially that work which would have been done this spring was instead performed over the winter because there were no harsh conditions to prevent doing so (i.e., firms didn’t need to wait for snow to melt before beginning construction). They would say that now there is a lag in production and work because we didn’t really witness an excess of demand over the past six months, just work that was performed earlier than expected. Others have opined that applying historical trends in this way to our current economic situation doesn’t apply , and that instead, we are in a unique situation due to the long, jobless recession and the extraordinary actions taken by the Federal Reserve and fed...

Full article: http://www.metalmag.com/business/april-2012-architecture-...

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Here's to hoping this is a temporary dip.

metalmag.com 07 Jun '12, 9pm

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