Construction Marketing Secret: Architecture Billings a Leading Indicator of Construction
by Kermit Baker and Diego Saltes Analysis of the Relationship Between A Billings Index and Construction Spending. Due to the size and cyclicality of construction, a premium is placed on accurately predicting nonresidential construction trends, particularly at turning points in the construction cycle. Given that construction decisions are made by hundreds of thousands of businesses, nonprofit institutions, and government organizations,…
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