Thursday, September 25, 2014
Architecture Billings Slip in August, but Remain Positive
The
Architecture Billings Index (ABI) fell 2.8 points to a reading of 53.0
in August, after reaching its highest level in seven years in July. All
three major sectors reported an increase in design activity during the
month.
Wednesday, September 24, 2014
New Home Sales Surge in August to Six-Year High
New
home sales spiked 18 percent in August to a 504,000-unit pace with
upward revisions to previous months’ data. Much of the increase was
concentrated in the Northeast and West. Inventories also rose.
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