Rolled over and on the decline and from highs that were at historically depressed levels: Now in contraction: From the AIA: Design services demand stalled in June, Project inquiry gains hit a 10-year low Demand for design services at architecture firms decreased in June in comparison to the previous month, according to a new report today from The American Institute of Architects (AIA). AIA’s Architecture Billings Index (ABI) score for June was 49.1, which is down from 50.2 in May. Any score below 50 indicates a decrease in billings. Both the project inquiries index and the design contracts index continued to soften in June but remained positive. Read more at https://www.calculatedriskblog.com/#YGy8qvAMEyXj5cSq.99 Foreign purchases of American homes plunge 36% as
Topics:
WARREN MOSLER considers the following as important: Economic Releases
This could be interesting, too:
WARREN MOSLER writes Consumer sentiment, real retail sales, industrial production, wages
WARREN MOSLER writes New manufacturers orders, vehicle sales, unemployment claims, rents, oil prices
WARREN MOSLER writes Saudi price hike, private payrolls, new hires, corporate profits
WARREN MOSLER writes Pending home sales, Durable goods orders, oil rigs and production
Rolled over and on the decline and from highs that were at historically depressed levels:
Now in contraction:
From the AIA: Design services demand stalled in June, Project inquiry gains hit a 10-year low
Demand for design services at architecture firms decreased in June in comparison to the previous month, according to a new report today from The American Institute of Architects (AIA).
AIA’s Architecture Billings Index (ABI) score for June was 49.1, which is down from 50.2 in May. Any score below 50 indicates a decrease in billings. Both the project inquiries index and the design contracts index continued to soften in June but remained positive.
Read more at https://www.calculatedriskblog.com/#YGy8qvAMEyXj5cSq.99
Foreign purchases of American homes plunge 36% as Chinese buyers flee the market