| From Reuters: A forward-looking measure of U.S. nonresidential construction activity plunged last month as more architects reported cancellations of projects amid the ongoing credit crisis, an architects' trade group said on Wednesday.
The Architecture Billings Index fell more than 6 points to 41.4 in September, according to the American Institute of Architects. A reading below 50 indicates a decline in billings, a leading indicator of construction activity about nine to 12 months in the future..... Full Article: Source
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