The Architecture Billings Index from the American Institute of Architects rose above 50 in October for the first time in 20 months, indicating an increase in billings. “Billings finally stabilized this month, and firms are feeling more optimistic about revenue projections for 2025,” said Kermit Baker, chief economist at the AIA.
On March 16, the Equipment Leasing & Finance Foundation released the March Monthly Confidence Index for the $1 trillion equipment finance industry. March’s index is 50.3, a decrease from the February index of 51.8.