In a press release dated June 22,2016, the American Institute of Architectsreported that the Architectural Billings Indexhad reached its highest level in nearly ayear. The May number reported was 53.1which represented an increase from 50.6 inApril. Any number above 50 representsgrowth. The New Projects Inquiry Index was60.1 in May, up from 56.9 in the prior month.
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