US construction recovery stalls

3 July, 2009

The May ABI rating was 42.9, up from 42.8 in April, indicating that the decline in demand for architectural services had stabilised. However, to indicate an increase in demand would require a figure of 50 or above.

Figures from the previous three months had consistently risen and were interpreted as a hopeful sign of recovery after 12 consecutive months of falls that resulted in the lowest numbers recorded since the index was established in 1995.

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