Rosenberg: "Some Good News Here"

It's very rare these days for Rosie to offer "good news" which is not qualified in some way.
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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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