Spending on architectural design declined in November, the first decrease since April according to the Architectural Billings Index
Compiled by the American Institute of Architects, the ABI is a leading economic indicator for construction: It takes approximately nine months to a year between architecture billings and construction spending.
“This slight dip is likely just a minor, and hopefully temporary, lull in the progress of current design projects,” said AIA Chief Economist Kermit Baker, although he expressed concerns over the possible effects of “continued uneasiness in the marketplace.”
For more, visit the following link.
In any economic climate, incorporating energy-efficient designs in your projects can earn the Section 179D deduction (up to $1.80 per square foot). As the country’s leading specialist in this deduction, Concord has the experience, knowledge and capacity to handle any project, at every step of the way. Contact us at 888-897-5445 or via the following link, and find out what Concord can do.