Continuing the positive momentum of a nearly three-point bump in October, the Architecture Billings Index (ABI) hit growth territory in November for the first time since August. As a leading economic indicator of construction activity, the ABI, published monthly by the American Institute of Architects (AIA), Washington, D.C., reflects the approximate nine- to twelve-month lag time between architecture billings and construction spending.

The AIA reported the November ABI score was 52 points, a 2.6-point increase over October. This score reflects an overall increase in demand for design services (any score above 50 indicates an increase in billings). The new projects inquiry index was 65 points, up dramatically from a reading of 57.3 points the previous month.

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