One of the widely followed indicators for U.S. construction activity rose last month to its highest level since January 2008. This report suggests that the recovery in the construction sector may have momentum, according to an architect's trade group.
The September Architectures Billings Index was up 2.2 points to 50.4 - marking the fourth consecutive month of increases, the American Institute of Architects said.
The score reflects a rise in demand for design services, as any score above 50 indicates an increase in billings.
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