AIA Billings Index Rises in April

25 May 2010 (Last Updated May 25th, 2010 18:30)

The architecture billings index rose to 48.4 in April, indicating a recovery in the construction industry in the US, according to the American Institute of Architects. The April index is the highest score since January 2008 and a significant monthly increase from the 46.1 posted in Marc

The architecture billings index rose to 48.4 in April, indicating a recovery in the construction industry in the US, according to the American Institute of Architects.

The April index is the highest score since January 2008 and a significant monthly increase from the 46.1 posted in March.

A small decline was seen in demand for design services but new projects stood at 59.6, according to bdonline.co.uk.

The north-east region of the US posted a growth in demand for architectural services as average billings stood at 51.0.