Architectural Billings Index (ABI) for January 2016 dropped once again below 50 - to 49.6

Continuing its up-and-down trajectory from the end of 2015, the American Institute of Architects’ (AIA) Architectural Billings Index (ABI) for January 2016 dropped once again below 50 – to 49.6 – representing a slight decrease in billings. It also showed a reduction in the Projects Inquiries Index, which fell to 55.3 after its strong showing of 60.2 in…