News

Tax Increase Prevention Act of 2014 – HR 5771

In a positive sign for Concord’s clients in the architecture industry. The American Institute of Architects’ Architecture Billings Index has softened a little bit, but remains positive.

While it did not increase as inn the past two months, the October Architectural Billings Index showed continued growth in architectural billings.

Citing the “shale gale” — the increased production of North American shale oil and its downstream effects — a rise in residential construction (especially multi-family) and work on the Panama Canal, Ken Simonson, chief economist for the Associated General Contractors of America, said he foresees strong construction growth for 2015.

The CEOs of American engineering companies continue to have a positive outlook on their firms’ prospects, according to the Engineering Business Index (EBI) compiled by the American Council of Engineering Companies.

Continuing a strong comeback from an early-year dip, the September Architectural Billings Index shows architectural billings increasing in all regions and sectors.

Architectural billings increased again in August, according to the Architectural Billings Index, showing growth in all regions and sectors (including the greatest increase in the institutional sector since 2007).

Architectural spending has reached its highest level since 2007, according to the July Architectural Billings Index.

The American Council of Engineering Companies’ Engineering Business Index (EBI) remains positive for the third quarter of the year, showing a score of 68.9 — up from 67.4 in the first quarter.