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AIA Billings Index Hits Record Low ... Again

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For the second straight month, the AIA billings index hit a record low. Last month, it fell to a record-low level of 36.2. This month it went down even more, falling to 34.7.

Key November ABI highlights:

Regional averages: Northeast (39.5), South (36.8), West (33.5), Midwest (31.4),

• Sector index breakdown: mixed practice (44.5), institutional (40.8), multi-family residential (30.0), commercial / industrial (26.7)

• Project inquiries index: 38.3

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Elaine Misonzhnik

Senior associate editor Elaine Misonzhnik has been writing for National Real Estate Investor since June 2006 and has covered commercial real estate for more than 12 years. She first became...
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