Architecture firm billings suffer record drop in March

Billings from architecture firms plummeted in March at a rate not seen in 25 years. The Architecture Billings Index dropped 20.1 points in March to a score of 33.3. Any score below 50 represents a decline. “This is by far the largest single month decline the index has seen in its nearly 25-year history, far surpassing the declines of 9.4 points seen at the start of the 2001 recession and 8.3 points seen at the

source https://therealdeal.com/2020/04/23/architecture-firm-billings-suffer-record-drop-in-march/