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Notes to myself, possibly of interest to others.
-- Bill Northlich

Thursday, January 20, 2011

Rosenberg: "Some Good News Here"

It's very rare these days for Rosie to offer "good news" which is not qualified in some way.
The architectural billings index jumped 3.2 points in December to a three-year high of 54.2. We have done the statistical work and found that this index leads the growth rate of non-residential construction by just over a year and with an 80% historical correlation. This is very positive for the design and construction industry in general.

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